Transport International Holdings Sustainability Profile
Transport International Holdings Limited (TIH), headquartered in Hong Kong, is a leading player in the public transport industry. Established in 1975, the company has significantly contributed to the development of Hong Kong's transport infrastructure, primarily through its subsidiaries, including the renowned Citybus and New World First Bus. TIH operates extensively across Hong Kong, providing essential bus services that cater to millions of commuters daily. The company is recognised for its commitment to safety, reliability, and innovation, offering a diverse range of services that include regular bus routes, special services, and environmentally friendly transport solutions. With a strong market position, TIH has achieved notable milestones, including the introduction of advanced technologies in fleet management and customer service. Its dedication to enhancing public transport experiences makes it a cornerstone of Hong Kong's urban mobility landscape.
DitchCarbon Score
How does Transport International 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 Land Transportation 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
Transport International Holdings's score of 12 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Transport International Holdings's reported carbon emissions
In 2023, Transport International Holdings, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 504,889,000 kg CO2e. This figure comprises 498,289,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 6,624,000 kg CO2e from Scope 2 emissions related to purchased electricity. Comparatively, in 2022, the company recorded total emissions of approximately 465,338,000 kg CO2e, with Scope 1 emissions at 458,518,000 kg CO2e and Scope 2 emissions at 6,518,000 kg CO2e. This indicates a slight increase in emissions from 2022 to 2023. Transport International Holdings has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Furthermore, the company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment to sustainability initiatives. Overall, while the company has made strides in reporting its emissions, the absence of reduction targets and Scope 3 data suggests that there is room for improvement in its climate commitments.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,017,000 | - | - | - | - | - |
How Carbon Intensive is Transport International Holdings's Industry?
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Transport International 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.
Transport International 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.
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