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 20 is lower than 71% 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 reported total carbon emissions of approximately 12,712,000 kg CO2e, comprising about 1,269,000 kg CO2e from Scope 1 and about 11,712,000 kg CO2e from Scope 2 emissions. This reflects a slight decrease in Scope 1 emissions from 1,285,000 kg CO2e in 2022, while Scope 2 emissions decreased from 11,177,000 kg CO2e in the same year. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). However, Yip's Chemical is committed to monitoring and reporting its emissions, as evidenced by their annual ESG reports. The reported emissions intensity for Scope 1 and 2 combined was approximately 138.0 tonnes CO2e per million USD of revenue in 2023, down from 161.0 tonnes CO2e per million USD in 2022. Yip's Chemical Holdings Limited continues to focus on transparency in its emissions reporting, although further details on specific climate commitments or reduction initiatives are not available.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,131,740 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,147,040 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| 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.
