Sf Express

SF Express, headquartered in CN and operating in the "Other transport equipment (35)" industry, has reported its carbon emissions and committed to significant climate action. The company's emissions data is cascaded from its parent company, S.F. Holding Co., Ltd.

In 2024, SF Express's total reported emissions were approximately 12.45 billion kg CO2e. This included around 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. For 2023, total reported emissions were approximately 12.5 billion kg CO2e, with Scope 1 at about 2.4 billion kg CO2e, Scope 2 at approximately 1.2 billion kg CO2e, and Scope 3 at around 8.9 billion kg CO2e.

Looking further back, SF Express reported approximately 11.66 billion kg CO2e in total emissions for 2022. This comprised roughly 3.47 billion kg CO2e in Scope 1, 1.88 billion kg CO2e in Scope 2, and 6.31 billion kg CO2e in Scope 3. Specific Scope 3 categories for 2022 included approximately 2.52 billion kg CO2e from purchased goods and services, 2.07 billion kg CO2e from upstream transportation and distribution, 1.69 billion kg CO2e from fuel- and energy-related activities, 24.28 million kg CO2e from employee commute, and 1.49 million kg CO2e from waste generated in operations. In 2021, total emissions were around 9.08 billion kg CO2e, with Scope 1 at roughly 2.83 billion kg CO2e, Scope 2 at approximately 1.68 billion kg CO2e, and Scope 3 at about 4.56 billion kg CO2e.

SF Express, through its parent S.F. Holding Co., Ltd., has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company commits to reaching net-zero greenhouse gas emissions across its value chain by 2050.

Near-term targets for S.F. Holding Co., Ltd. include a 42% absolute reduction in Scope 1 and 2 GHG emissions by 2030 from a 2023 base year. Additionally, the company 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. S.F. Holding Co., Ltd. also commits that 60% of its suppliers, by emissions covering upstream transportation and distribution, will have science-based targets by 2029.

Long-term targets for S.F. Holding Co., Ltd. include a 90% absolute reduction in Scope 1 and 2 GHG emissions by 2050 from a 2023 base year, as well as a 90% absolute reduction in Scope 3 GHG emissions within the same timeframe. These targets cover land-related emissions and removals from bioenergy feedstocks.

Furthermore, SF Express has stated commitments to reduce the carbon footprint of each package by 70% in 2030 compared to 2021, and to improve its own carbon efficiency by 55% by 2030 compared to 2021.