SY Holdings Group Ltd

Common Name
SY Holdings Group
Country
China (Mainland)
Sector
Financial Services
Industry
Credit Services
Employees
370
Ticker
6069
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Sy Holdings Group Ltd. is a company primarily engaged in the financial and property development sectors. Its core operations include the provision of financial services, with a focus on micro-lending ...

SY Holdings Group's GHG Emissions Data Preview

In 2023, SY Holdings Group 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).

However, SY Holdings Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind SY Holdings Group’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 SY Holdings Group’s data sources below and access millions more through our Disclosure Search.

a. SY Holdings Group's ESG Report 2023
a. SY Holdings Group's ESG Report 2023

Insights into SY Holdings Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of SY Holdings Group amounted to 389.62 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 2022, the total operational greenhouse gas (GHG) emissions of SY Holdings Group increased by 7.2%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

SY Holdings Group's Scope 1 Emissions Over Time

20212022202309182736tCO2e+64%+28%
  • Total Scope 1
  • Year-over-Year Change

What are SY Holdings Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of SY Holdings Group were 32.6 metric tons of CO₂ equivalent (tCO₂e). a

Has SY Holdings Group reduced its Scope 1 emissions over time?

Since 2021, SY Holdings Group's Scope 1 emissions have increased by 110.19%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), SY Holdings Group's Scope 1 emissions increased by 28.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are SY Holdings Group's Scope 2 emissions?

In 2023, SY Holdings Group reported Scope 2 greenhouse gas (GHG) emissions of 357.02 tCO₂e without specifying the calculation method. a

Has SY Holdings Group reduced its Scope 2 emissions over time?

Since 2021, SY Holdings Group's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 139.98%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), SY Holdings Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that SY Holdings Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does SY Holdings Group use for Scope 2 reporting?

In 2023, SY Holdings Group reported its Scope 2 emissions using an unspecified methodology. a

SY Holdings Group's Scope 2 Emissions Over Time

202120222023090180270360tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SY Holdings Group's Value Chain Emissions

In 2023, SY Holdings Group reported 529.57 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 2023 disclosure of SY Holdings Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

SY Holdings Group's Scope 3 Emissions Over Time

2021202220230150300450600tCO2e+24%+131%
  • Total Scope 3
  • Year-over-Year Change

What are SY Holdings Group's Scope 3 emissions?

In 2023, SY Holdings Group reported total Scope 3 emissions of 529.57 metric tons of CO₂ equivalent (tCO₂e). a

Has SY Holdings Group reduced its Scope 3 emissions over time?

Since 2021, SY Holdings Group's Scope 3 emissions have increased by 185.85%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), SY Holdings Group's Scope 3 emissions increased by 131.32%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into SY Holdings Group’s GHG Emissions Intensity Compared to Industry Peers

In 2023, SY Holdings Group reported Scope 1 greenhouse gas (GHG) emissions of 32.6 tCO₂e and total revenues of USD 148 millions. This translates into an emissions intensity of 0.22 tCO₂e per millions USD. a

SY Holdings Group's Scope 1 Emissions Intensity Compared to Peers

101002,00020,000200,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)QDJBUPSHSLufax HoldingYear: 2023Scope 1: 118 tCO2eRevenue: $M 556Scope 1 Intensity: 0.21 tCO2e/$MQQQfin HoldingsYear: 2024Scope 1: 17 tCO2eRevenue: $M 268Scope 1 Intensity: 0.06 tCO2e/$MDDDiffer Group AutoYear: 2023Scope 1: 74 tCO2eRevenue: $M 347Scope 1 Intensity: 0.21 tCO2e/$MJJJiangsu Changshu Rural Commercial BankYear: 2023Scope 1: 966 tCO2eRevenue: $M 1,373Scope 1 Intensity: 0.70 tCO2e/$MBank of GuiyangYear: 2023Scope 1: 1,438 tCO2eRevenue: $M 2,124Scope 1 Intensity: 0.68 tCO2e/$MBBBank of GuizhouYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 1,915Scope 1 Intensity: 1.21 tCO2e/$MPing An BankYear: 2023Scope 1: 19,221 tCO2eRevenue: $M 23,155Scope 1 Intensity: 0.83 tCO2e/$MBank of CommunicationsYear: 2024Scope 1: 19,935 tCO2eRevenue: $M 35,409Scope 1 Intensity: 0.56 tCO2e/$MCaitong SecuritiesYear: 2023Scope 1: 121 tCO2eRevenue: $M 840Scope 1 Intensity: 0.14 tCO2e/$MUUUniversal MedicalYear: 2024Scope 1: 6,173 tCO2eRevenue: $M 2,048Scope 1 Intensity: 3.01 tCO2e/$MBank of ChangshaYear: 2023Scope 1: 862 tCO2eRevenue: $M 3,501Scope 1 Intensity: 0.25 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MSealand SecuritiesYear: 2023Scope 1: 66 tCO2eRevenue: $M 583Scope 1 Intensity: 0.11 tCO2e/$MChina Great Wall SecuritiesYear: 2023Scope 1: 102 tCO2eRevenue: $M 466Scope 1 Intensity: 0.22 tCO2e/$MCITIC SecuritiesYear: 2024Scope 1: 1,265 tCO2eRevenue: $M 8,728Scope 1 Intensity: 0.14 tCO2e/$MPPPostal Savings Bank of ChinaYear: 2024Scope 1: 5,547 tCO2eRevenue: $M 32,138Scope 1 Intensity: 0.17 tCO2e/$MFirst Capital SecuritiesYear: 2023Scope 1: 177 tCO2eRevenue: $M 328Scope 1 Intensity: 0.54 tCO2e/$MChina Pacific Insurance GroupYear: 2024Scope 1: 44,275 tCO2eRevenue: $M 42,679Scope 1 Intensity: 1.04 tCO2e/$MSPD BankYear: 2023Scope 1: 900 tCO2eRevenue: $M 24,390Scope 1 Intensity: 0.04 tCO2e/$MBank of ChinaYear: 2024Scope 1: 77,288 tCO2eRevenue: $M 86,240Scope 1 Intensity: 0.90 tCO2e/$MSSSinolink SecuritiesYear: 2023Scope 1: 216 tCO2eRevenue: $M 940Scope 1 Intensity: 0.23 tCO2e/$MHHHuishang BankYear: 2024Scope 1: 2,519 tCO2eRevenue: $M 5,036Scope 1 Intensity: 0.50 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MSY Holdings GroupYear: 2023Scope 1: 33 tCO2eRevenue: $M 148Scope 1 Intensity: 0.22 tCO2e/$M

How does SY Holdings Group's GHG emissions intensity compare to its peers?

In 2023, SY Holdings Group reported a Scope 1 emissions intensity of 0.22 tCO₂e per millions USD. Compared to the peer group median of 0.38 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does SY Holdings Group rank on GHG emissions intensity within its industry?

In 2023, SY Holdings Group ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into SY Holdings Group's Total Carbon Footprint

In 2023, SY Holdings Group reported a total carbon footprint of 919.19 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 55.17% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to SY Holdings Group's total carbon footprint was Scope 3 emissions, accounting for 57.61% of the company's total carbon footprint, followed by Scope 2 emissions at 38.84%. a

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