SML, officially known as SML Group, is a leading provider of innovative supply chain solutions, headquartered in Hong Kong. Founded in 1985, the company has established a strong presence across major operational regions, including Asia, Europe, and North America. Specialising in RFID technology and labelling solutions, SML offers unique products that enhance inventory management and improve operational efficiency for retailers and brands. With a commitment to sustainability and innovation, SML has achieved significant milestones, including the development of its proprietary RFID solutions that set industry standards. The company is recognised for its market leadership, serving a diverse clientele and consistently delivering high-quality services that distinguish it from competitors. SML's dedication to excellence positions it as a trusted partner in the global supply chain landscape.
How does Sml'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.
Mean score of companies in the Business Services 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.
Sml's score of 25 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SML Group, headquartered in Hong Kong, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. Although specific emissions data for the most recent year is not available, SML has committed to reducing its absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030, using 2021 as the baseline year. This commitment also extends to Scope 3 emissions, which include those from purchased goods and services, capital goods, business travel, and employee commuting, with the same reduction target of 42% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. SML's commitment reflects a proactive approach to climate action within the specialized consumer services sector, demonstrating a clear strategy to mitigate its environmental impact.
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.
Sml is participating in some 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.