Public Profile

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.

38

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.

23

Industry Benchmark

Sitoy Group Holdings's score of 38 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Sitoy Group Holdings's reported carbon emissions

In 2023, Sitoy Group Holdings, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 6,247,000 kg CO2e. This figure includes 600,000 kg CO2e from Scope 1 emissions, 5,497,000 kg CO2e from Scope 2 emissions, and 150,000 kg CO2e from Scope 3 emissions. Over the past five years, Sitoy has demonstrated a significant reduction in emissions, decreasing from about 9,955,000 kg CO2e in 2020 to the current level. This represents a reduction of approximately 3,708,000 kg CO2e, highlighting the company's commitment to improving its environmental performance. The company has disclosed emissions data across all three scopes (1, 2, and 3) but has not set specific reduction targets or climate pledges as part of its sustainability initiatives. The focus on reducing emissions aligns with industry standards for climate action, although further commitments could enhance their sustainability profile.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
Scope 1
1,060,000
0,000,000
0,000,000
000,000
0,000,000
000,000
Scope 2
4,132,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
164,000
000,000
000,000
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sitoy Group Holdings's primary industry is Leather and leather products (19), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Sitoy Group Holdings is headquartered in HK, which we do not have grid emissions data for.

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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers