Sitoy Group Holdings Sustainability Profile
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 63% 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, such as those aligned with the Science Based Targets initiative (SBTi). The company has not reported any climate pledges or formal commitments to further reduce emissions. Overall, Sitoy Group Holdings is actively monitoring its emissions across all scopes but lacks formalised reduction targets or initiatives at this time.
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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 |
How Carbon Intensive is Sitoy Group Holdings's Industry?
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Sitoy Group 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.
Sitoy Group 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.
