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Yip's Chemical Holdings Limited
Yip's Chemical Holdings Limited, commonly referred to as Yip's Chemical, is a prominent player in the chemical manufacturing industry, headquartered in Hong Kong (HK). Established in 1985, the company has expanded its operations across Asia, focusing on the production of high-quality chemical products, including coatings, adhesives, and specialty chemicals. Yip's Chemical is renowned for its commitment to innovation and sustainability, offering unique formulations that cater to diverse industrial needs. With a strong market position, the company has achieved significant milestones, including strategic partnerships and expansions that enhance its competitive edge. As a leader in the chemical sector, Yip's Chemical Holdings Limited continues to set benchmarks in quality and service, solidifying its reputation as a trusted supplier in the global market.
DitchCarbon Score
How does Yip's Chemical 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 Chemicals 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
Yip's Chemical Holdings Limited's score of 4 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yip's Chemical Holdings Limited's reported carbon emissions
In 2023, Yip's Chemical Holdings Limited, headquartered in Hong Kong (HK), reported a greenhouse gas intensity of approximately 138.0 tonnes CO2e per million USD in revenue, reflecting a decrease from about 161.0 tonnes CO2e per million USD in 2022. The company has disclosed emissions data for Scope 1 and Scope 2, with no reported figures for Scope 3 emissions. Yip's Chemical has not set specific reduction targets or initiatives as part of its climate commitments, and there are no climate pledges documented. The absence of formal reduction targets indicates a potential area for improvement in their sustainability strategy. The emissions data from previous years shows that in 2020, Yip's Chemical reported total emissions of 2,281,000 kg CO2e for Scope 1 and 286,559,000 kg CO2e for Scope 2. In 2019, the company reported 1,620,000 kg CO2e for Scope 1 and 241,653,000 kg CO2e for Scope 2. This historical data highlights a trend of increasing emissions intensity, which the company is now addressing through its recent performance improvements. Overall, while Yip's Chemical Holdings Limited has made strides in reducing emissions intensity, the lack of formal reduction targets and commitments suggests that further action may be necessary to align with industry standards and expectations for climate responsibility.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 1,620,000 | 0,000,000 |
| Scope 2 | 241,653,000 | 000,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Yip's Chemical Holdings Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
