Chow Tai Fook Jewellery Group Ltd

Common Name
Chow Tai Fook Jewellery Group
Country
Hong Kong
Sector
Consumer Cyclical
Industry
Luxury Goods
Employees
26,500
Ticker
1929
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Chow Tai Fook Jewellery Group Limited is a leading global enterprise specializing in the design, manufacture, and retailing of a vast selection of luxury jewelry and watch products. Originating from H...

Chow Tai Fook Jewellery Group's GHG Emissions Data Preview

In 2024, Chow Tai Fook Jewellery Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, Chow Tai Fook Jewellery Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Chow Tai Fook Jewellery Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Chow Tai Fook Jewellery Group amounted to 63,240 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Chow Tai Fook Jewellery Group increased by 7.96%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Chow Tai Fook Jewellery Group's Scope 1 Emissions Over Time

202120222023202406501.3 k1.95 k2.6 ktCO2e-17%+26%+37%
  • Total Scope 1
  • Year-over-Year Change

What are Chow Tai Fook Jewellery Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Chow Tai Fook Jewellery Group were 2,507 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Chow Tai Fook Jewellery Group reduced its Scope 1 emissions over time?

Since 2021, Chow Tai Fook Jewellery Group's Scope 1 emissions have increased by 43.83%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Chow Tai Fook Jewellery Group's Scope 1 emissions increased by 37.29%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Chow Tai Fook Jewellery Group's Scope 2 emissions?

In 2024, Chow Tai Fook Jewellery Group reported Scope 2 greenhouse gas (GHG) emissions of 60,733 tCOâ‚‚e without specifying the calculation method.

Has Chow Tai Fook Jewellery Group reduced its Scope 2 emissions over time?

Since 2021, Chow Tai Fook Jewellery Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 17.75%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Chow Tai Fook Jewellery Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Chow Tai Fook Jewellery Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Chow Tai Fook Jewellery Group use for Scope 2 reporting?

In 2024, Chow Tai Fook Jewellery Group reported its Scope 2 emissions using an unspecified methodology.

Chow Tai Fook Jewellery Group's Scope 2 Emissions Over Time

2021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Chow Tai Fook Jewellery Group's Value Chain Emissions

In 2024, Chow Tai Fook Jewellery Group reported 722 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Chow Tai Fook Jewellery Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Chow Tai Fook Jewellery Group's Scope 3 Emissions Over Time

202120222023202402505007501 ktCO2e+14%-11%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Chow Tai Fook Jewellery Group's Scope 3 emissions?

In 2024, Chow Tai Fook Jewellery Group reported total Scope 3 emissions of 722 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Chow Tai Fook Jewellery Group reduced its Scope 3 emissions over time?

Since 2021, Chow Tai Fook Jewellery Group's Scope 3 emissions have remained relatively stable, indicating that Chow Tai Fook Jewellery Group 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2023), Chow Tai Fook Jewellery Group's Scope 3 emissions remained relatively stable, indicating that Chow Tai Fook Jewellery Group 's emissions have plateaued with no significant change in its value chain footprint.

Insights into Chow Tai Fook Jewellery Group's Total Carbon Footprint

In 2024, Chow Tai Fook Jewellery Group reported a total carbon footprint of 63,962 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.86% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Chow Tai Fook Jewellery Group's total carbon footprint was Scope 2 emissions, accounting for 94.95% of the company's total carbon footprint, followed by Scope 1 emissions at 3.92%.