Speed Apparel Holding
Speed Apparel Holding, headquartered in Hong Kong, is a leading player in the global apparel industry, specialising in high-performance sportswear and activewear. Founded in 2005, the company has established a strong presence in key markets across Asia, Europe, and North America, focusing on innovative design and sustainable manufacturing practices. With a diverse range of core products, including moisture-wicking fabrics and ergonomic designs, Speed Apparel stands out for its commitment to quality and functionality. The company has achieved notable milestones, such as expanding its product line to include eco-friendly materials, positioning itself as a pioneer in sustainable fashion. Recognised for its excellence, Speed Apparel Holding continues to enhance its market position, catering to athletes and fitness enthusiasts who demand both style and performance in their apparel.
DitchCarbon Score
How does Speed Apparel Holding'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 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
Speed Apparel Holding's score of 19 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Speed Apparel Holding's reported carbon emissions
In 2021, Speed Apparel Holding reported total carbon emissions of approximately 72,663.1 kg CO2e, a significant reduction from about 103,618.6 kg CO2e in 2020. The emissions breakdown for 2021 includes Scope 1 emissions of about 8,490.3 kg CO2e and Scope 2 emissions of approximately 64,172.8 kg CO2e. This reflects a positive trend in their efforts to lower their carbon footprint. Despite these reductions, there are currently no documented reduction targets or climate pledges from Speed Apparel Holding. The company has not set specific science-based targets (SBTi) or other formal commitments to further decrease emissions. However, the reported decrease in emissions indicates a commitment to improving their environmental impact. As a player in the apparel industry, Speed Apparel Holding is part of a sector that is increasingly scrutinised for its carbon emissions. The company’s ongoing efforts to reduce emissions are crucial in the context of global climate commitments and the push for sustainability within the industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 10,503.2 | 0,000.0 |
| Scope 2 | 69,276.4 | 00,000.0 |
| Scope 3 | 23,839 | - |
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.
Speed Apparel Holding 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.
