Sun Hung Kai & Co. Limited, often referred to as SHK & Co., is a prominent investment holding company headquartered in Hong Kong (HK). Established in 1969, the firm has evolved into a key player in the financial services industry, with a strong presence across Asia and beyond. The company primarily focuses on asset management, securities brokerage, and corporate finance, offering a diverse range of financial solutions tailored to meet the needs of its clients. SHK & Co. is recognised for its innovative approach and commitment to excellence, which has solidified its reputation in the market. With a history marked by significant milestones, Sun Hung Kai & Co. continues to achieve notable success, positioning itself as a trusted partner in the financial landscape. Its dedication to delivering unique, client-centric services sets it apart in a competitive industry.
How does Sun Hung Kai & Co.'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 Services Auxiliary to Financial Intermediation 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.
Sun Hung Kai & Co.'s score of 46 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Sun Hung Kai & Co., headquartered in Hong Kong, reported total carbon emissions of approximately 2,099,080 kg CO2e. This figure includes 424,580 kg CO2e from Scope 1 emissions, 1,386,510 kg CO2e from Scope 2 emissions, and 287,980 kg CO2e from Scope 3 emissions. The previous year, 2023, the company recorded total emissions of about 2,518,310 kg CO2e, with Scope 1 emissions at 920,660 kg CO2e, Scope 2 at 1,581,510 kg CO2e, and Scope 3 at 16,130 kg CO2e. From 2022 to 2024, Sun Hung Kai & Co. has shown a reduction in total emissions, decreasing from approximately 2,726,050 kg CO2e in 2022 to 2,099,080 kg CO2e in 2024. This represents a significant reduction in their carbon footprint, particularly in Scope 2 emissions, which dropped from 1,890,700 kg CO2e in 2022 to 1,386,510 kg CO2e in 2024. Despite these reductions, the company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data reported is not cascaded from any parent organization, indicating that these figures are solely from Sun Hung Kai & Co. Limited. Overall, while Sun Hung Kai & Co. has made strides in reducing its carbon emissions, further commitments and targets could enhance its climate strategy and align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 93,820 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,582,960 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000 | 00,000 | 000,000 |
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.
Sun Hung Kai & Co. 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.
