WK Group (Holdings) Limited Sustainability Profile
WK Group (Holdings) Limited, commonly referred to as WK Group, is a prominent player in the manufacturing and trading industry, headquartered in China. Established in 1995, the company has expanded its operations across various regions, solidifying its presence in Asia and beyond. Specialising in high-quality consumer products, WK Group is renowned for its innovative solutions in the electronics and home appliance sectors. The company’s commitment to excellence is reflected in its diverse range of offerings, which are designed to meet the evolving needs of consumers. With a strong market position, WK Group has achieved significant milestones, including strategic partnerships and a robust supply chain network. Its dedication to quality and customer satisfaction has earned it a reputation as a trusted name in the industry, making it a key player in the global market landscape.
DitchCarbon Score
How does WK Group (Holdings) Limited'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 Construction Work 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
WK Group (Holdings) Limited's score of 33 is higher 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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WK Group (Holdings) Limited's reported carbon emissions
In 2023, WK Group (Holdings) Limited reported total carbon emissions of approximately 1,040,460 kg CO2e. This figure includes Scope 1 emissions of about 103,130 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 929,750 kg CO2e, attributed to purchased electricity. Additionally, the company recorded Scope 3 emissions of about 7,580 kg CO2e, related to waste generated in operations. Comparatively, in 2022, WK Group's total emissions were approximately 1,717,630 kg CO2e, with Scope 1 emissions at about 119,850 kg CO2e, Scope 2 emissions at approximately 1,588,700 kg CO2e, and Scope 3 emissions of about 9,080 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Despite these reductions, WK Group has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions data is cascaded from WK Group (Holdings) Limited itself, with no additional data inherited from a parent organization. Overall, WK Group (Holdings) Limited's emissions profile reflects a commitment to monitoring and reporting carbon emissions, although further climate commitments and reduction strategies would enhance their sustainability efforts.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,910,000 | 000,000 | 000,000 |
| Scope 2 | 1,910,000 | 0,000,000 | 000,000 |
| Scope 3 | 1,910,000 | 0,000 | 0,000 |
How Carbon Intensive is WK Group (Holdings) Limited's Industry?
How Carbon Intensive is WK Group (Holdings) Limited's Location?
WK Group (Holdings) Limited's Scope 3 Categories Breakdown
WK Group (Holdings) Limited's Scope 3 emissions, which decreased by 17% last year and decreased by approximately 100% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Waste Generated in Operations" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
WK Group (Holdings) Limited'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.
WK Group (Holdings) Limited 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.
