Sf Express

SF Express, headquartered in China and operating in the Other transport equipment (35) industry, reported approximately 12.45 billion kg CO2e in total emissions for 2024. This included about 2.3 billion kg CO2e from Scope 1, 1.1 billion kg CO2e from Scope 2, and 9.05 billion kg CO2e from Scope 3 emissions. In 2023, total emissions were approximately 12.5 billion kg CO2e, with Scope 1 at 2.4 billion kg CO2e, Scope 2 at 1.2 billion kg CO2e, and Scope 3 at 8.9 billion kg CO2e. For 2022, total emissions were around 11.66 billion kg CO2e, comprising approximately 3.47 billion kg CO2e for Scope 1, 1.88 billion kg CO2e for Scope 2, and 6.31 billion kg CO2e for Scope 3.

SF Express's climate commitments are cascaded from its parent company, S.F. Holding Co., Ltd. The company has set Science Based Targets initiative (SBTi) approved goals, committing to reach net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2023 base year. Additionally, S.F. Holding Co., Ltd. aims to reduce absolute Scope 3 GHG emissions from purchased goods and services, capital goods, and fuel- and energy-related activities by 25% within the same timeframe, and commits that 60% of its suppliers by emissions covering upstream transportation and distribution will have science-based targets by 2029. Long-term targets include a 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2050 from a 2023 base year. SF Express also aims to reduce the carbon footprint of each parcel by 70% by 2030 compared to 2021.