Symphony Holdings Sustainability Profile
Symphony Holdings Limited, commonly referred to as Symphony Holdings, is a prominent player in the investment and management sector, headquartered in Hong Kong. Established in 1994, the company has made significant strides in various industries, including retail, property development, and logistics, with a strong operational presence across Asia and beyond. Specialising in innovative retail solutions and strategic investments, Symphony Holdings distinguishes itself through its commitment to quality and sustainability. The company has achieved notable milestones, including successful partnerships and expansions that have solidified its market position. With a diverse portfolio of core products and services, Symphony Holdings continues to drive growth and adapt to evolving market demands, reinforcing its reputation as a leader in the industry.
DitchCarbon Score
How does Symphony 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 Communication Equipment Manufacturing 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
Symphony Holdings's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Symphony Holdings's reported carbon emissions
In 2023, Symphony Holdings, headquartered in Hong Kong, reported significant carbon emissions across various scopes. The total emissions were approximately 16,543,800 kg CO2e, with Scope 1 emissions at 37,410 kg CO2e and Scope 2 emissions at 248,590 kg CO2e. This reflects a notable increase in emissions compared to 2022, where total emissions were about 14,413,290 kg CO2e, with Scope 1 at 58,080 kg CO2e and Scope 2 at 213,040 kg CO2e. Symphony Holdings has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates a lack of formalised climate action goals. Furthermore, there are no emissions data cascaded from a parent or related organisation, suggesting that the reported figures are solely from Symphony Holdings itself. The company has disclosed emissions data for all three scopes, highlighting their awareness of the full spectrum of their carbon footprint. However, without established reduction targets or initiatives, Symphony Holdings may face challenges in aligning with industry standards for climate action.
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| 2018 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 70,160 | 00,000 | 00,000 |
| Scope 2 | 425,730 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Symphony Holdings's Industry?
How Carbon Intensive is Symphony Holdings's Location?
Symphony 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.
Symphony 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.
