Sitoy Group Holdings
Sitoy Group Holdings Limited, headquartered in Hong Kong, is a prominent player in the fashion accessories and leather goods industry. Founded in 1993, the company has established itself as a leading manufacturer and supplier, with significant operations across Asia and Europe. Specialising in high-quality handbags, wallets, and other leather products, Sitoy is renowned for its commitment to craftsmanship and innovation. The company’s unique blend of traditional techniques and modern design has garnered a loyal customer base, positioning it as a trusted partner for global brands. With a strong market presence and notable achievements in sustainability and product development, Sitoy Group Holdings continues to set industry standards, making it a key contributor to the fashion accessories sector.
DitchCarbon Score
How does Sitoy Group 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 Leather Products 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
Sitoy Group Holdings's score of 30 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sitoy Group Holdings's reported carbon emissions
In 2025, Sitoy Group Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 6,681,000 kg CO2e. This figure includes 62.85 kg CO2e from Scope 1 emissions, 5,942,000 kg CO2e from Scope 2, and 231,000 kg CO2e from Scope 3. The previous year, 2024, saw total emissions of about 6,372,000 kg CO2e, with Scope 1 emissions at 77.07 kg CO2e, Scope 2 at 5,744,000 kg CO2e, and Scope 3 at 158,000 kg CO2e. In 2023, the company reported total emissions of around 6,247,000 kg CO2e, with Scope 1 emissions of 600,000 kg CO2e and Scope 2 emissions of 5,497,000 kg CO2e. Over the years, Sitoy has demonstrated a commitment to reducing its carbon footprint, with emissions decreasing from approximately 8,343,000 kg CO2e in 2021 to the current levels. However, there are no specific reduction targets or initiatives disclosed, nor any commitments to the Science Based Targets initiative (SBTi). The company has not cascaded emissions data from any parent organisation, indicating that all reported figures are independently sourced from Sitoy Group Holdings Limited. Overall, while Sitoy Group Holdings has made strides in reducing its emissions, further transparency regarding specific reduction targets and climate commitments would enhance its sustainability profile.
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| 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Scope 1 | 895,000 | 000,000 | 0,000,000 | 000,000 | 00.00 | 00.00 |
| Scope 2 | 9,388,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 280,000 | 000,000 | - | - | 000,000 | 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.
Sitoy Group Holdings 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.
