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
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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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 of SITC International Holdings amounted to 1,705,101 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 2023, the total operational greenhouse gas (GHG) emissions of SITC International Holdings increased 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 CO₂ equivalent (tCO₂e). 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 tCO₂e using the market-based method and 3,668 tCO₂e using the location-based method. a

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

Since 2018, SITC International Holdings's Scope 2 greenhouse gas (GHG) 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

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

201820192020202120222023202401 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 CO₂ equivalent (tCO₂e) 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 7 of 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 CO₂ equivalent (tCO₂e). 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. a b

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 tCO₂e (41.82%)
  • Capital Goods (Cat. 2): 222,250 tCO₂e (27.11%)
  • Upstream Leased Assets (Cat. 8): 139,590 tCO₂e (17.03%)

SITC International Holdings's Scope 3 Emissions by Categories

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

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 tCO₂e and total revenues of USD 23,907 millions. This translates into an emissions intensity of 71.17 tCO₂e per millions USD. a

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

50010,000200,00010,000,000200,000,000Scope 1 Emissions (tCO2e)5050010,000100,0001,000,000Revenues (Millions of USD)LCTHQCSLLLiaoning PortYear: 2023Scope 1: 185,894 tCO2eRevenue: $M 1,719Scope 1 Intensity: 108.12 tCO2e/$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: $M 523Scope 1 Intensity: 56.64 tCO2e/$MMitsui O.S.K. LinesYear: 2024Scope 1: 10,428,320 tCO2eRevenue: $M 10,750Scope 1 Intensity: 970.12 tCO2e/$MEvergreen Marine Corp TaiwanYear: 2024Scope 1: 11,812,727 tCO2eRevenue: $M 14,151Scope 1 Intensity: 834.79 tCO2e/$MNippon Yusen KKYear: 2024Scope 1: 11,140,236 tCO2eRevenue: $M 15,764Scope 1 Intensity: 706.71 tCO2e/$MCOSCO SHIPPING PortsYear: 2023Scope 1: 78,497 tCO2eRevenue: $M 1,454Scope 1 Intensity: 53.97 tCO2e/$MAP Moeller - MaerskYear: 2024Scope 1: 33,939,000 tCO2eRevenue: $M 353,848Scope 1 Intensity: 95.91 tCO2e/$MCCChina Merchants Port GroupYear: 2023Scope 1: 103,361 tCO2eRevenue: $M 2,216Scope 1 Intensity: 46.64 tCO2e/$MWallenius WilhelmsenYear: 2023Scope 1: 4,125,161 tCO2eRevenue: $M 5,149Scope 1 Intensity: 801.16 tCO2e/$MTTTangshan Port GroupYear: 2023Scope 1: 72,397 tCO2eRevenue: $M 822Scope 1 Intensity: 88.04 tCO2e/$MSociedad Matriz SAAMYear: 2023Scope 1: 176,556 tCO2eRevenue: $M 540Scope 1 Intensity: 326.90 tCO2e/$MZIMYear: 2024Scope 1: 6,518,780 tCO2eRevenue: $M 8,427Scope 1 Intensity: 773.52 tCO2e/$MBahriYear: 2023Scope 1: 2,794 tCO2eRevenue: $M 2,341Scope 1 Intensity: 1.19 tCO2e/$MPan OceanYear: 2023Scope 1: 2,678,713 tCO2eRevenue: $M 3,413Scope 1 Intensity: 784.91 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$MDanaosYear: 2023Scope 1: 3,119,979 tCO2eRevenue: $M 974Scope 1 Intensity: 3,204.64 tCO2e/$MQQQingdao Port InternationalYear: 2024Scope 1: 134,823 tCO2eRevenue: $M 2,595Scope 1 Intensity: 51.95 tCO2e/$MCCChina Merchants Port HoldingsYear: 2024Scope 1: 63,676 tCO2eRevenue: $M 1,525Scope 1 Intensity: 41.76 tCO2e/$MMatsonYear: 2023Scope 1: 1,101,300 tCO2eRevenue: $M 3,095Scope 1 Intensity: 355.88 tCO2e/$MKirbyYear: 2023Scope 1: 770,400 tCO2eRevenue: $M 3,092Scope 1 Intensity: 249.19 tCO2e/$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 tCO₂e per millions USD. Compared to the peer group median of 249.19 , 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 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 CO₂ equivalent (tCO₂e) 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. a b

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

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