Fosun
Fosun International Limited, commonly referred to as Fosun, is a prominent Chinese multinational conglomerate headquartered in Shanghai, China. Founded in 1992, Fosun has established a strong presence across various sectors, including healthcare, tourism, finance, and real estate, with significant operations in Asia, Europe, and North America. The company is renowned for its diversified portfolio, which includes unique offerings such as healthcare services, insurance products, and investment management. Fosun's strategic approach to innovation and global partnerships has positioned it as a leader in the industry, achieving notable milestones like the acquisition of international brands and expansion into emerging markets. With a commitment to sustainable growth, Fosun continues to enhance its market position, making it a key player in the global business landscape.
DitchCarbon Score
How does Fosun'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 Pharmaceutical Preparation 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
Fosun's score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fosun's reported carbon emissions
In 2023, Fosun reported total carbon emissions of approximately 1,545,682,900 kg CO2e, encompassing Scope 1 and Scope 2 emissions. This figure reflects the company's ongoing commitment to transparency in its environmental impact. In the previous year, 2022, Fosun's emissions were significantly higher, with Scope 1 emissions at about 17,769,066,300 kg CO2e, Scope 2 at approximately 2,921,183,100 kg CO2e, and Scope 3 at around 65,053,800 kg CO2e. Fosun has disclosed emissions data for all three scopes in 2022 and 2021, indicating a comprehensive approach to tracking its carbon footprint. The emissions for 2021 were approximately 19,090,518,500 kg CO2e for Scope 1, 2,879,472,000 kg CO2e for Scope 2, and 9,831,800 kg CO2e for Scope 3. In 2020, the company reported Scope 1 emissions of about 19,602,119,600 kg CO2e, Scope 2 emissions of approximately 2,528,344,600 kg CO2e, and Scope 3 emissions of 1,138,600 kg CO2e. Despite the substantial emissions figures, Fosun has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests that while the company is actively measuring its emissions, it may not yet have formalised strategies for significant reductions. Fosun's emissions data is not cascaded from any parent organisation, indicating that the figures are independently reported. The company continues to engage with industry standards for climate reporting, reflecting a growing awareness of the importance of sustainability in its operations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 18,685,636,500 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - |
| Scope 2 | 2,824,580,600 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
| Scope 3 | - | 0,000,000 | 0,000,000 | 00,000,000 | - |
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.
Fosun 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.
