Bestway Global Holding
Bestway Global Holding, commonly referred to as Bestway, is a prominent player in the global retail and wholesale industry, headquartered in Hong Kong. Founded in 1992, the company has established a strong presence across Asia, Europe, and North America, specialising in a diverse range of products including consumer goods, electronics, and home appliances. Bestway is renowned for its innovative approach to product development, offering unique solutions that cater to the evolving needs of consumers. With a commitment to quality and sustainability, the company has achieved significant milestones, positioning itself as a leader in the market. Notable achievements include expanding its distribution network and enhancing its product portfolio, which has solidified Bestway's reputation as a trusted brand in the competitive retail landscape.
DitchCarbon Score
How does Bestway Global Holding'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 Retail Trade Services 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
Bestway Global Holding's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bestway Global Holding's reported carbon emissions
In 2020, Bestway Global Holding, headquartered in Hong Kong, reported total carbon emissions of approximately 131,320,000 kg CO2e. This figure includes about 19,843,000 kg CO2e from Scope 1 emissions and about 112,482,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2019, Bestway Global Holding's total emissions were about 174,737,000 kg CO2e, with Scope 2 emissions accounting for approximately 123,231,000 kg CO2e and Scope 3 emissions from business travel at about 613,000 kg CO2e. In 2018, the total emissions were around 170,512,000 kg CO2e, with Scope 2 emissions again being significant at about 132,660,000 kg CO2e. Despite these figures, Bestway Global Holding has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data reported by Bestway Global Holding is cascaded from its parent company, Bestway Global Holding Inc., reflecting the corporate family relationship. Overall, while Bestway Global Holding has made strides in reporting its emissions, the lack of defined climate commitments or reduction initiatives suggests an area for potential improvement in its sustainability strategy.
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| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | - | - | 00,000,000 |
| Scope 2 | 132,660,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 634,000 | 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.
Bestway Global Holding 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.
