Shanghai Industrial Holdings Sustainability Profile
Shanghai Industrial Holdings Limited, commonly referred to as SIHL, is a prominent investment holding company headquartered in Hong Kong. Established in 1996, SIHL has developed a diverse portfolio across various sectors, including infrastructure, consumer products, and real estate. The company operates primarily in mainland China and has expanded its reach into other key markets in Asia. SIHL is renowned for its unique offerings in the manufacturing of high-quality consumer goods and its strategic investments in infrastructure projects. With a strong emphasis on innovation and sustainability, the company has achieved significant milestones, positioning itself as a leader in its industry. Notably, SIHL has garnered recognition for its commitment to excellence and has consistently delivered robust financial performance, solidifying its status as a key player in the Asian market.
DitchCarbon Score
How does Shanghai Industrial Holdings'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 Business Services 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
Shanghai Industrial Holdings's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shanghai Industrial Holdings's reported carbon emissions
In 2024, Shanghai Industrial Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 389,874,720 kg CO2e for Scope 1 and about 601,102,460 kg CO2e for Scope 2. The company also disclosed significant Scope 3 emissions, with business travel contributing about 715,540 kg CO2e and employee commuting accounting for approximately 3,513,650 kg CO2e. Notably, fuel and energy-related activities represented a staggering 171,282,710,970 kg CO2e. Comparatively, in 2023, the company recorded Scope 1 emissions of about 428,883,140 kg CO2e and Scope 2 emissions of approximately 610,555,940 kg CO2e, leading to a combined total of around 1,039,439,090 kg CO2e for Scope 1 and 2. The emissions for 2022 were lower, with Scope 1 at about 238,468,210 kg CO2e and Scope 2 at approximately 536,762,610 kg CO2e, resulting in a total of around 775,230,820 kg CO2e for these scopes. Despite the substantial emissions figures, Shanghai Industrial Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its own operations. Overall, while Shanghai Industrial Holdings has made strides in transparency regarding its emissions, the lack of defined climate commitments highlights an area for potential improvement in its sustainability strategy.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,870,000 | - | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 258,114,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000,000 |
How Carbon Intensive is Shanghai Industrial Holdings's Industry?
How Carbon Intensive is Shanghai Industrial Holdings's Location?
Shanghai Industrial Holdings's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
Shanghai Industrial Holdings'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.
Shanghai Industrial Holdings 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.
