Li And Fung
Li & Fung Limited, headquartered in Hong Kong, is a leading global supply chain solutions provider, specialising in the apparel and consumer goods industries. Founded in 1906, the company has evolved significantly, establishing a robust operational presence across Asia, Europe, and the Americas. Li & Fung is renowned for its unique ability to connect brands with suppliers, offering a comprehensive range of services including product development, sourcing, and logistics. This integrated approach enables clients to navigate the complexities of global trade efficiently. With a strong market position, Li & Fung has achieved notable milestones, including partnerships with some of the world's most recognised retail brands. The company's commitment to innovation and sustainability further distinguishes it in the competitive landscape, making it a trusted partner in the ever-evolving supply chain sector.
DitchCarbon Score
How does Li And Fung'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 Business 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
Li And Fung's score of 33 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Li And Fung's reported carbon emissions
In 2023, Li & Fung reported total carbon emissions of approximately 4,680,120 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 549,900 kg CO2e and Scope 2 emissions at approximately 4,130,180 kg CO2e (market-based). This marks a significant reduction from 2022, where total emissions for Scope 1 and 2 were about 6,125,470 kg CO2e, indicating a positive trend in their climate commitments. Li & Fung has set an ambitious target to reduce absolute carbon emissions in Scope 1 and 2 by 42% by 2030, using 2021 as the baseline year. This commitment reflects the company's proactive approach to addressing climate change and aligns with industry standards for sustainability. The company is currently on track to meet its near-term reduction goals, demonstrating a commitment to improving its environmental impact from its headquarters in Hong Kong.
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| 2014 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,686,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 86,323,000 | 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.
Li And Fung 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.
