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 GHG Emissions Data Preview

In 2023, 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
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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 SITC International Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of SITC International Holdings amounted to 1,606,545 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 2022, the total operational greenhouse gas (GHG) emissions of SITC International Holdings decreased by 10.05%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

SITC International Holdings's Scope 1 Emissions Over Time

20202021202220230450 k900 k1.35 M1.8 MtCO2e+13%+4%-10%
  • Total Scope 1
  • Year-over-Year Change

What are SITC International Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of SITC International Holdings were 1,602,635 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has SITC International Holdings reduced its Scope 1 emissions over time?

Since 2020, SITC International Holdings's Scope 1 emissions have increased by 6.44%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), SITC International Holdings's Scope 1 emissions decreased by 10.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are SITC International Holdings's Scope 2 emissions?

In 2023, SITC International Holdings reported Scope 2 greenhouse gas (GHG) emissions of 3,910 tCOâ‚‚e without specifying the calculation method.

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

Since 2020, SITC International Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 57.92%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), SITC International Holdings's Scope 2 emissions (Unspecified Calculation Method) rose by 10.76% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

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

In 2023, SITC International Holdings reported its Scope 2 emissions using an unspecified methodology.

SITC International Holdings's Scope 2 Emissions Over Time

202020212022202301 k2 k3 k4 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SITC International Holdings's Value Chain Emissions

In 2023, SITC International Holdings reported 919,417.12 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 2023 disclosure of SITC International Holdings includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

SITC International Holdings's Scope 3 Emissions Over Time

20230250 k500 k750 k1 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are SITC International Holdings's Scope 3 emissions?

In 2023, SITC International Holdings reported total Scope 3 emissions of 919,417.12 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 97.59% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.41% came from downstream activities like product use, distribution, and end-of-life treatment.

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

In 2023, SITC International Holdings reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to SITC International Holdings's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 323,098.16 tCOâ‚‚e (35.14%)
  • Capital Goods (Cat. 2): 305,719.56 tCOâ‚‚e (33.25%)
  • Upstream Leased Assets (Cat. 8): 134,331.41 tCOâ‚‚e (14.61%)

SITC International Holdings's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(35.1%)Capital Goods(Cat. 2)(33.3%)Upstream LeasedAssets (Cat. 8)(14.6%)

Insights into SITC International Holdings's Total Carbon Footprint

In 2023, SITC International Holdings reported a total carbon footprint of 2,525,962.12 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 41.43% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to SITC International Holdings's total carbon footprint was Scope 1 emissions, accounting for 63.45% of the company's total carbon footprint, followed by Scope 3 emissions at 36.4%.

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