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 88% 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 for the year included approximately 37,410 kg CO2e from Scope 1, 248,590 kg CO2e from Scope 2, and a substantial 16,543,800 kg CO2e from Scope 3. This data highlights the company's extensive indirect emissions, which are primarily associated with its supply chain and product lifecycle. Comparatively, in 2022, Symphony Holdings recorded total emissions of about 14,413,290 kg CO2e from Scope 3, alongside 58,080 kg CO2e from Scope 1 and 213,040 kg CO2e from Scope 2 in India. The global figures for 2022 showed total emissions of approximately 4,585,940 kg CO2e, with 46,160 kg CO2e from Scope 1 and 4,539,780 kg CO2e from Scope 2. Despite these figures, Symphony Holdings has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction strategies suggests a need for enhanced climate commitments in line with industry standards. Overall, Symphony Holdings' emissions data reflects a significant environmental impact, particularly from Scope 3 emissions, indicating an opportunity for the company to develop and implement robust climate action strategies.
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| 2017 | 2018 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 49,320 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 677,060 | 000,000 | 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.
