CTF Services Ltd

Common Name
CTF Services
Country
Hong Kong
Sector
Industrials
Industry
Engineering & Construction
Employees
12,800
Ticker
659
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
CTF Services Limited is a conglomerate company with a diversified portfolio of businesses in toll roads, insurance, logistics, construction, and facilities management primarily in Hong Kong and the Ma...

CTF Services's Climate Target Data Preview

As of 2024, CTF Services has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into CTF Services ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2035
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind CTF Services’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CTF Services’s data sources below and access millions more through our Disclosure Search.

a. CTF Services's ESG Report 2024
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Insights into CTF Services's Greenhouse Gas Emissions Pathways

As of 2024, CTF Services has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does CTF Services have a target to reduce the emissions from its operations?

As of 2024, CTF Services has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

CTF Services's most ambitious operational target is to reduce these emissions by 50% by 2035, compared to a baseline of 84,365 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023. a

As of 2024, CTF Services is ahead of schedule on its operational emissions reduction target, having achieved 18.56% of the planned reduction. a

CTF Services's Operational (Scope 1+2) Emissions Pathway

202320242035025 k50 k75 k100 kCurrent (-9%)Target 2035 (-50%)
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