Remaining 41.5% Stake in Chung Tak Lighting and Remaining 35% Stake in OSRAM Lighting Control Sustainability Profile
Chung Tak Lighting, headquartered in China, is a prominent player in the lighting industry, specialising in innovative lighting solutions and control systems. Founded in the early 2000s, the company has established itself as a leader in the design and manufacturing of high-quality lighting products, catering to both residential and commercial markets. With a remaining 41.5% stake in Chung Tak Lighting, the company continues to enhance its market position through cutting-edge technology and sustainable practices. Similarly, the 35% stake in OSRAM Lighting Control underscores its commitment to advancing smart lighting solutions. Chung Tak Lighting is recognised for its unique blend of aesthetic design and energy efficiency, making it a preferred choice among industry professionals. The company’s strategic focus on research and development has led to numerous accolades, solidifying its reputation as an innovator in the lighting sector.
DitchCarbon Score
How does Remaining 41.5% Stake in Chung Tak Lighting and Remaining 35% Stake in OSRAM Lighting Control's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Remaining 41.5% Stake in Chung Tak Lighting and Remaining 35% Stake in OSRAM Lighting Control's score of 8 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Remaining 41.5% Stake in Chung Tak Lighting and Remaining 35% Stake in OSRAM Lighting Control currently does not have specific emissions data available for the most recent year. As a result, there are no reported carbon emissions figures in kg CO2e to summarise. However, it is important to note that emissions data may be cascaded from related entities. In this case, emissions performance data is inherited from OSRAM Licht AG, which is at a cascade level of 1. Additionally, data from ams-OSRAM AG, at a cascade level of 2, may provide insights into broader emissions performance and climate commitments. Currently, there are no documented reduction targets or climate pledges associated with this stake, indicating a potential area for future development in sustainability initiatives. The absence of specific targets or commitments suggests that the organisation may be in the early stages of establishing a comprehensive climate strategy. In summary, while there is no direct emissions data or reduction initiatives reported for the Remaining 41.5% Stake in Chung Tak Lighting and Remaining 35% Stake in OSRAM Lighting Control, the relationship with OSRAM Licht AG and ams-OSRAM AG may influence future climate commitments and emissions reporting.
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| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 31,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 237,200,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Remaining 41.5% Stake in Chung Tak Lighting and Remaining 35% Stake in OSRAM Lighting Control's Industry?
How Carbon Intensive is Remaining 41.5% Stake in Chung Tak Lighting and Remaining 35% Stake in OSRAM Lighting Control's Location?
Remaining 41.5% Stake in Chung Tak Lighting and Remaining 35% Stake in OSRAM Lighting Control's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Remaining 41.5% Stake in Chung Tak Lighting and Remaining 35% Stake in OSRAM Lighting Control has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
