SITC International Holdings Co Ltd

Common Name
SITC International Holdings
Country
Hong Kong
Sector
Industrials
Industry
Marine Shipping
Employees
2,219
Ticker
1308
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
SITC International Holdings Co., Ltd. is a prominent marine shipping and logistics company headquartered in Hong Kong. Specializing in integrated transportation solutions across intra-Asia routes, the...

SITC International Holdings's Climate Target Data Preview

As of 2024, SITC International Holdings has disclosed 11 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 7 intensity-based target targets, 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 SITC International Holdings ’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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2040
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
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2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Twenty-Foot Equivalent Unit Kilometer (TEU-km)
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2030
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Twenty-Foot Equivalent Unit Kilometer (TEU-km)
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2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Twenty-Foot Equivalent Unit Kilometer (TEU-km)
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2040
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Twenty-Foot Equivalent Unit Kilometer (TEU-km)
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2040
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Twenty-Foot Equivalent Unit Kilometer (TEU-km)
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2050
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Twenty-Foot Equivalent Unit Kilometer (TEU-km)
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2050

This table provides a simplified preview of selected climate targets 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 SITC International Holdings's Greenhouse Gas Emissions Pathways

As of 2024, SITC International Holdings has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does SITC International Holdings have a target to reduce the emissions from its operations?

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

SITC International Holdings's most ambitious operational target is to reduce these emissions by 96% by 2050, compared to a baseline of 1,508,140 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing operational emissions, SITC International Holdings has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

SITC International Holdings's Operational (Scope 1+2) Emissions Pathway

20202024204020500450 k900 k1.35 M1.8 MBaselineCurrent (+13%)Target 2040 (-50%)Target 2050 (-96%)

Does SITC International Holdings have a target to reduce the emissions from its value chain?

As of 2024, SITC International Holdings has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

SITC International Holdings's most ambitious value chain target is to reduce these emissions by 96% by 2050, compared to a baseline of 816,756 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing value chain emissions, SITC International Holdings has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

SITC International Holdings's Value Chain (Scope 3) Emissions Pathway

20202024204020500250 k500 k750 k1 MCurrent (+0%)Target 2040 (-50%)Target 2050 (-96%)
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