Sitc International Holdings Co
Sitc International Holdings Co., also known as SITC, is a prominent player in the shipping and logistics industry, headquartered in China. Founded in 1994, the company has established a strong presence in major operational regions across Asia, particularly in Southeast Asia and the Greater China area. SITC offers a comprehensive range of services, including container shipping, freight forwarding, and logistics solutions, distinguished by its commitment to efficiency and customer satisfaction. The company has achieved significant milestones, positioning itself as a leading provider in the maritime sector. With a focus on innovation and sustainability, SITC continues to enhance its service offerings, making it a trusted partner for businesses seeking reliable shipping and logistics solutions. Its market position is underscored by a robust fleet and a reputation for excellence in operational performance.
DitchCarbon Score
How does Sitc International Holdings Co'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 Maritime Transport 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
Sitc International Holdings Co's score of 17 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sitc International Holdings Co's reported carbon emissions
In 2023, SITC International Holdings Co, headquartered in China, reported total carbon emissions of approximately 1,606,544,000 kg CO2e. This figure includes 1,602,635,000 kg CO2e from Scope 1 emissions and 3,910,000 kg CO2e from Scope 2 emissions. Additionally, the company disclosed Scope 3 emissions amounting to approximately 919,417,120 kg CO2e, which encompasses various categories such as capital goods, business travel, and waste generated in operations. Over the years, SITC has shown a commitment to monitoring and reporting its emissions, with data available from 2020 to 2023. In 2020, the total emissions were about 1,508,140,000 kg CO2e, which increased to approximately 1,711,746,000 kg CO2e in 2021 and further to about 1,785,983,000 kg CO2e in 2022. The increase in emissions correlates with the company's rising revenue, which reached approximately 2,428,959,000 USD in 2023. Despite the lack of specific reduction targets or initiatives disclosed, SITC's ongoing emissions reporting indicates a recognition of the importance of climate accountability. The company has not yet established science-based targets or formal climate pledges, which are critical for aligning with global climate goals. As the industry continues to evolve, SITC's future commitments to reducing its carbon footprint will be essential in addressing climate change effectively.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,505,664,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,476,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sitc International Holdings Co is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
