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CTF Services Ltd

Common Name
CTF Services
Country
Hong Kong
Sector
Industrials
Industry
Engineering & Construction
Employees
10,400
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 GHG Emissions Data Preview

In 2025, CTF Services 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).

CTF Services has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202520242023
2022 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of CTF Services’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2021, and revenue-based intensity metrics for each scope.
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Verified Sources Behind CTF Services’s Greenhouse Gas (GHG) Emissions 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 2025
b. CTF Services's Sustainability Report 2023

Insights into CTF Services's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of CTF Services amounted to 88,168 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).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of CTF Services increased by 1.52%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

CTF Services's Scope 1 Emissions Over Time

2021202220232024202508.5 k17 k25.5 k34 ktCO2e-22%+73%-14%-8%
  • Total Scope 1
  • Year-over-Year Change

What are CTF Services's Scope 1 emissions?

In 2025, the total Scope 1 emissions of CTF Services were 26,131 metric tons of CO₂ equivalent (tCO₂e).a

Has CTF Services reduced its Scope 1 emissions over time?

Since 2021, CTF Services's Scope 1 emissions have increased by 7.66%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), CTF Services's Scope 1 emissions decreased by 7.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are CTF Services's Scope 2 emissions?

In 2025, CTF Services reported Scope 2 greenhouse gas (GHG) emissions of 57,247 tCO₂e using the market-based method and 62,037 tCO₂e using the location-based method.a

Has CTF Services reduced its Scope 2 emissions over time?

Compared to the previous year (2024), CTF Services's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CTF Services's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does CTF Services use for Scope 2 reporting?

In 2025, CTF Services reported its Scope 2 emissions using the market-based method and using the location-based method.a

CTF Services's Scope 2 Emissions Over Time

20212022202320242025020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into CTF Services's Value Chain Emissions

In 2025, CTF Services reported 2,806,782 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of CTF Services includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

CTF Services's Scope 3 Emissions Over Time

2023202420250950 k1.9 M2.85 M3.8 MtCO2e-20%-6%
  • Total Scope 3
  • Year-over-Year Change

What are CTF Services's Scope 3 emissions?

In 2025, CTF Services reported total Scope 3 emissions of 2,806,782 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 23.68% of these emissions originated from upstream activities such as purchased goods and capital goods, while 76.32% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2024), CTF Services's Scope 3 emissions remained relatively stable, indicating that CTF Services's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does CTF Services disclose?

In 2025, CTF Services reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of CTF Services's Scope 3 emissions?

In 2025, the largest contributors to CTF Services's Scope 3 emissions were:a

  • Investments (Cat. 15): 2,142,128 tCO₂e (76.32%)
  • Purchased Goods and Services (Cat. 1): 664,654 tCO₂e (23.68%)

CTF Services's Scope 3 Emissions by Categories

Investments(Cat. 15)(76.3%)Purchased Goods andServices (Cat. 1)(23.7%)

Insights into CTF Services’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CTF Services reported Scope 1 greenhouse gas (GHG) emissions of 28,284 tCO₂e and total revenues of USD 3,384 millions. This translates into an emissions intensity of 8.36 tCO₂e per millions USD.a

CTF Services's Scope 1 Emissions Intensity Compared to Peers

51005,000100,0002,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)HKLCURCRSCKPSYear: 2024Scope 1: 3,864 tCO2eRevenue: $M 1,061Scope 1 Intensity: 3.64 tCO2e/$MMT Hoejgaard HoldingYear: 2024Scope 1: 13,298 tCO2eRevenue: $M 1,489Scope 1 Intensity: 8.93 tCO2e/$MHHHazama AndoYear: 2024Scope 1: 49,000 tCO2eRevenue: $M 2,603Scope 1 Intensity: 18.83 tCO2e/$MKKKalpataru Projects InternationalYear: 2025Scope 1: 82,563 tCO2eRevenue: $M 2,587Scope 1 Intensity: 31.91 tCO2e/$MLLL & K EngineeringYear: 2024Scope 1: 198 tCO2eRevenue: $M 1,987Scope 1 Intensity: 0.10 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MCCChina State ConstructionYear: 2024Scope 1: 822,288 tCO2eRevenue: $M 14,821Scope 1 Intensity: 55.48 tCO2e/$MRail Vikas NigamYear: 2025Scope 1: 12 tCO2eRevenue: $M 2,311Scope 1 Intensity: 0.01 tCO2e/$MUUUnited Integrated ServicesYear: 2024Scope 1: 8 tCO2eRevenue: $M 1,436Scope 1 Intensity: 0.01 tCO2e/$MRRRenew HoldingsYear: 2025Scope 1: 19,561 tCO2eRevenue: $M 1,453Scope 1 Intensity: 13.46 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MCCCentral New Energy Holding GroupYear: 2023Scope 1: 149 tCO2eRevenue: $M 516Scope 1 Intensity: 0.29 tCO2e/$MRRRuentex DevelopmentYear: 2024Scope 1: 597,908 tCO2eRevenue: $M 971Scope 1 Intensity: 615.62 tCO2e/$MNBCC (India)Year: 2025Scope 1: 2,052 tCO2eRevenue: $M 1,409Scope 1 Intensity: 1.46 tCO2e/$MGrenergy RenovablesYear: 2024Scope 1: 675 tCO2eRevenue: $M 553Scope 1 Intensity: 1.22 tCO2e/$MSSSanki EngineeringYear: 2023Scope 1: 2,521 tCO2eRevenue: $M 1,433Scope 1 Intensity: 1.76 tCO2e/$MDof GroupYear: 2024Scope 1: 537,909 tCO2eRevenue: $M 13,653Scope 1 Intensity: 39.40 tCO2e/$MToa Corp (Tokyo)Year: 2024Scope 1: 94,300 tCO2eRevenue: $M 1,874Scope 1 Intensity: 50.31 tCO2e/$MBurkhalter HoldingYear: 2024Scope 1: 8,560 tCO2eRevenue: $M 1,277Scope 1 Intensity: 6.70 tCO2e/$MKEC InternationalYear: 2025Scope 1: 61,095 tCO2eRevenue: $M 2,521Scope 1 Intensity: 24.24 tCO2e/$MHill & SmithYear: 2024Scope 1: 38,601 tCO2eRevenue: $M 1,073Scope 1 Intensity: 35.97 tCO2e/$MNishimatsu ConstructionYear: 2024Scope 1: 29,000 tCO2eRevenue: $M 2,652Scope 1 Intensity: 10.93 tCO2e/$MStantecYear: 2024Scope 1: 12,257 tCO2eRevenue: $M 5,214Scope 1 Intensity: 2.35 tCO2e/$MKumagai GumiYear: 2024Scope 1: 101,388 tCO2eRevenue: $M 2,927Scope 1 Intensity: 34.64 tCO2e/$MBilfingerYear: 2024Scope 1: 35,828 tCO2eRevenue: $M 5,242Scope 1 Intensity: 6.83 tCO2e/$MCCCTF ServicesYear: 2024Scope 1: 28,284 tCO2eRevenue: $M 3,384Scope 1 Intensity: 8.36 tCO2e/$M

How does CTF Services's GHG emissions intensity compare to its peers?

In 2024, CTF Services reported a Scope 1 emissions intensity of 8.36 tCO₂e per millions USD. Compared to the peer group median of 8.93, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does CTF Services rank on GHG emissions intensity within its industry?

In 2024, CTF Services ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

CTF Services is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into CTF Services's Total Carbon Footprint

In 2025, CTF Services reported a total carbon footprint of 2,894,950 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.16% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to CTF Services's total carbon footprint was Scope 3 emissions, accounting for 96.95% of the company's total carbon footprint, followed by Scope 2 emissions at 2.14%.a

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