Sitc International Holdings Co Sustainability Profile
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 34 is higher than 67% 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 2024, SITC International Holdings Co, headquartered in China, reported total carbon emissions of approximately 1,705,101,000 kg CO2e. This figure includes 1,701,433,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 3,668,000 kg CO2e from Scope 2 emissions, related to energy consumption. Additionally, Scope 3 emissions were recorded at about 819,773,000 kg CO2e, encompassing various indirect emissions categories such as capital goods (222,250,000 kg CO2e) and fuel and energy-related activities (342,846,000 kg CO2e). In 2023, the company reported total emissions of approximately 1,606,544,000 kg CO2e, with Scope 1 emissions at 1,602,635,000 kg CO2e and Scope 2 emissions at 3,910,000 kg CO2e. Scope 3 emissions for that year were about 919,417,000 kg CO2e. SITC International Holdings Co has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company is a current subsidiary of SITC International Holdings Company Limited, which may influence its emissions reporting and climate strategies. However, no specific SBTi (Science Based Targets initiative) reduction targets have been established or cascaded from the parent organization. Overall, SITC International Holdings Co's emissions data reflects a significant carbon footprint, with a notable reliance on direct emissions sources. The absence of defined reduction targets indicates a potential area for future climate strategy development.
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| 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,393,614,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,958,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
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Sitc International Holdings Co's Scope 3 Categories Breakdown
Sitc International Holdings Co's Scope 3 emissions, which decreased by 11% last year and increased by approximately 194% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 32% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 42% of Scope 3 emissions.
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Sitc International Holdings Co'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.
Sitc International Holdings Co 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.
