📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

SITC International Holdings Co Ltd

Common Name
SITC International Holdings
Country
Hong Kong
Sector
Industrials
Industry
Marine Shipping
Employees
2,252
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 GHG Emissions Data Preview

In 2024, SITC International Holdings 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).

SITC International Holdings has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=1308&reporting_period=2024"

Verified Sources Behind SITC International Holdings’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 SITC International Holdings’s data sources below and access millions more through our Disclosure Search.

a. SITC International Holdings's ESG Report 2024
a. SITC International Holdings's ESG Report 2024
b. SITC International Holdings's ESG Report 2023
b. SITC International Holdings's ESG Report 2023

Insights into SITC International Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSITC International Holdings amounted to1,705,101metric 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 2023, the total operational greenhouse gas (GHG) emissions of SITC International Holdingsincreased by 6.13%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

SITC International Holdings's Scope 1 Emissions Over Time

202020212022202320240450 k900 k1.35 M1.8 MtCO2e+13%+4%-10%+6%
  • Total Scope 1
  • Year-over-Year Change

What are SITC International Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of SITC International Holdings were 1,701,433 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), SITC International Holdings's Scope 1 emissions increased by 6.16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are SITC International Holdings's Scope 2 emissions?

In 2024, SITC International Holdings reported Scope 2 greenhouse gas (GHG) emissions of 3,628 tCOâ‚‚e using the market-based method and 3,668 tCOâ‚‚e using the location-based method.a

Has SITC International Holdings reduced its Scope 2 emissions over time?

Since 2019, SITC International Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 58.79%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), SITC International Holdings's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that SITC International Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does SITC International Holdings use for Scope 2 reporting?

In 2024, SITC International Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a

SITC International Holdings's Scope 2 Emissions Over Time

20192020202120222023202401 k2 k3 k4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into SITC International Holdings's Value Chain Emissions

In 2024, SITC International Holdings reported 819,773 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of SITC International Holdings includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,down from 8 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

SITC International Holdings's Scope 3 Emissions Over Time

2020202320240250 k500 k750 k1 MtCO2e+13%-11%
  • Total Scope 3
  • Year-over-Year Change

What are SITC International Holdings's Scope 3 emissions?

In 2024, SITC International Holdings reported total Scope 3 emissions of 819,773 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), SITC International Holdings's Scope 3 emissions decreased by 10.84%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does SITC International Holdings disclose?

In 2024, SITC International Holdings reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of SITC International Holdings's Scope 3 emissions?

In 2024, the largest contributors to SITC International Holdings's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 342,846 tCOâ‚‚e(41.82%)
  • Capital Goods (Cat. 2): 222,250 tCOâ‚‚e(27.11%)
  • Upstream Leased Assets (Cat. 8): 139,590 tCOâ‚‚e(17.03%)

SITC International Holdings's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(41.8%)Capital Goods(Cat. 2)(27.1%)Upstream LeasedAssets (Cat. 8)(17.0%)

Insights into SITC International Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, SITC International Holdings reported Scope 1 greenhouse gas (GHG) emissions of 1,701,433 tCOâ‚‚e and total revenues of USD 23,907 millions. This translates into an emissions intensity of 71.17 tCOâ‚‚e per millions USD.a

SITC International Holdings's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,00010,000,000100,000,000Scope 1 Emissions (tCO2e)102002,00050,000500,000Revenues (Millions of USD)LCSQCJSHoegh AutolinersYear: 2024Scope 1: 1,114,732 tCO2eRevenue: $M 14,036Scope 1 Intensity: 79.42 tCO2e/$MLLLiaoning PortYear: 2024Scope 1: 176,312 tCO2eRevenue: $M 1,516Scope 1 Intensity: 116.27 tCO2e/$MOrient Overseas (International)Year: 2024Scope 1: 6,922,800 tCO2eRevenue: $M 83,663Scope 1 Intensity: 82.75 tCO2e/$MJSW InfrastructureYear: 2025Scope 1: 29,642 tCO2eRevenue: $M 523Scope 1 Intensity: 56.64 tCO2e/$MGuoco GroupYear: 2024Scope 1: 19,591 tCO2eRevenue: $M 175,233Scope 1 Intensity: 0.11 tCO2e/$MCOSCO SHIPPING PortsYear: 2024Scope 1: 76,919 tCO2eRevenue: $M 1,503Scope 1 Intensity: 51.18 tCO2e/$MDampskibsselskabet NordenYear: 2024Scope 1: 4,396,938 tCO2eRevenue: $M 25,690Scope 1 Intensity: 171.15 tCO2e/$MCCChina Merchants Port GroupYear: 2024Scope 1: 103,992 tCO2eRevenue: $M 2,210Scope 1 Intensity: 47.05 tCO2e/$MSSShanghai International Port GroupYear: 2024Scope 1: 858,825 tCO2eRevenue: $M 5,223Scope 1 Intensity: 164.44 tCO2e/$MBahriYear: 2024Scope 1: 2,676,520 tCO2eRevenue: $M 2,525Scope 1 Intensity: 1,060.15 tCO2e/$MPan OceanYear: 2024Scope 1: 2,959,210 tCO2eRevenue: $M 3,517Scope 1 Intensity: 841.34 tCO2e/$MDanaosYear: 2023Scope 1: 3,119,979 tCO2eRevenue: $M 974Scope 1 Intensity: 3,204.64 tCO2e/$MQQQingdao Port InternationalYear: 2024Scope 1: 134,823 tCO2eRevenue: $M 2,595Scope 1 Intensity: 51.95 tCO2e/$MIrish Continental GroupYear: 2024Scope 1: 551,016 tCO2eRevenue: $M 628Scope 1 Intensity: 876.96 tCO2e/$MCCChina Merchants Port HoldingsYear: 2024Scope 1: 63,676 tCO2eRevenue: $M 1,525Scope 1 Intensity: 41.76 tCO2e/$MHavila ShippingYear: 2024Scope 1: 55,690 tCO2eRevenue: $M 49Scope 1 Intensity: 1,145.00 tCO2e/$MBW LPGYear: 2024Scope 1: 1,368,810 tCO2eRevenue: $M 36,127Scope 1 Intensity: 37.89 tCO2e/$MWisdom Marine LinesYear: 2024Scope 1: 17,393 tCO2eRevenue: $M 19,293Scope 1 Intensity: 0.90 tCO2e/$MHapag-LloydYear: 2024Scope 1: 15,300,306 tCO2eRevenue: $M 19,888Scope 1 Intensity: 769.32 tCO2e/$MJJJames Fisher and SonsYear: 2024Scope 1: 48,584 tCO2eRevenue: $M 549Scope 1 Intensity: 88.45 tCO2e/$MSolstad OffshoreYear: 2024Scope 1: 159,103 tCO2eRevenue: $M 19Scope 1 Intensity: 8,246.93 tCO2e/$MMatsonYear: 2024Scope 1: 1,040,900 tCO2eRevenue: $M 3,422Scope 1 Intensity: 304.20 tCO2e/$MKirbyYear: 2024Scope 1: 757,500 tCO2eRevenue: $M 3,266Scope 1 Intensity: 231.94 tCO2e/$MTranscoal PacificYear: 2023Scope 1: 2,323,331 tCO2eRevenue: $M 118Scope 1 Intensity: 19,630.64 tCO2e/$MCOSCO Shipping HoldingsYear: 2024Scope 1: 21,964,626 tCO2eRevenue: $M 32,044Scope 1 Intensity: 685.46 tCO2e/$MSSSITC International HoldingsYear: 2024Scope 1: 1,701,433 tCO2eRevenue: $M 23,907Scope 1 Intensity: 71.17 tCO2e/$M

How does SITC International Holdings's GHG emissions intensity compare to its peers?

In 2024, SITC International Holdings reported a Scope 1 emissions intensity of 71.17 tCOâ‚‚e per millions USD. Compared to the peer group median of 164.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does SITC International Holdings rank on GHG emissions intensity within its industry?

In 2024, SITC International Holdings ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into SITC International Holdings's Total Carbon Footprint

In 2024, SITC International Holdings reported a total carbon footprint of 2,524,874 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.04% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to SITC International Holdings's total carbon footprint was Scope 1 emissions, accounting for 67.39% of the company's total carbon footprint, followed by Scope 3 emissions at 32.47%.a

Want Full Access to SITC International Holdings's GHG Emissions Dataset?
Sign Up