Sml Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Sml's score of 25 is lower 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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Sml's reported carbon emissions
SML, headquartered in Hong Kong, has set ambitious climate commitments to address its carbon emissions. Although specific emissions data for the most recent year is not available, SML has committed to significant reductions in greenhouse gas emissions. The company aims to reduce its absolute Scope 1 and Scope 2 emissions by 42% by 2030, using 2021 as the baseline year. Additionally, SML has pledged to achieve the same 42% reduction for its Scope 3 emissions, which encompass purchased goods and services, capital goods, business travel, and employee commuting. 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 commitments reflect a proactive approach to climate action, demonstrating its dedication to sustainability within the specialized consumer services sector. The emissions reduction targets are cascaded from its parent company, SML Group Limited, ensuring a unified strategy across its corporate family.
How Carbon Intensive is Sml's Industry?
How Carbon Intensive is Sml's Location?
Sml'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.
Sml has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
