Haw Par
Haw Par Corporation Limited, commonly known as Haw Par, is a prominent player in the healthcare and leisure industries, headquartered in Singapore (SG). Founded in 1940, the company has established itself as a leader in the development and distribution of healthcare products, particularly its renowned Tiger Balm range, which is celebrated for its unique formulation and effectiveness in pain relief. With a strong presence in Asia and expanding operations globally, Haw Par has achieved significant milestones, including the diversification of its product portfolio to include leisure and entertainment ventures. The company’s commitment to quality and innovation has solidified its market position, making it a trusted name in both the healthcare sector and the leisure industry. Haw Par continues to thrive, driven by its dedication to enhancing the well-being of consumers worldwide.
DitchCarbon Score
How does Haw Par'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
Haw Par's score of 22 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Haw Par's reported carbon emissions
In 2023, Haw Par reported Scope 2 carbon emissions of approximately 1,654,700 kg CO2e. This figure represents a notable increase from 2022, when their Scope 2 emissions were about 1,347,300 kg CO2e. Over the past few years, their emissions have shown a trend of increase, with 2021 emissions at approximately 1,306,200 kg CO2e and 2020 emissions at about 1,168,600 kg CO2e. Haw Par has not disclosed any Scope 1 emissions data and has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). Their climate commitments remain vague, with no documented climate pledges or reduction targets available. The company continues to focus on managing its Scope 2 emissions, which are primarily associated with purchased electricity. As a company headquartered in Singapore (SG), Haw Par's emissions data reflects its operational impact on the environment, highlighting the need for ongoing assessment and potential future commitments to reduce its carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 1,168,600 | 0,000,000 | 0,000,000 | 0,000,000 |
| 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.
Haw Par 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.
