Yue Yuen Industrial (Holdings) Ltd

Common Name
Yue Yuen
Country
Hong Kong
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
292,300
Ticker
551
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells athletic, athleisure, casual, and outdoor footwear in the People's Republic of China, rest of Asia, the Un...

Yue Yuen's Climate Target Data Preview

As of 2023, Yue Yuen has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Yue Yuen ’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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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Yue Yuen’s Climate Targets Data

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a. Yue Yuen's ESG Report 2023
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Insights into Yue Yuen's Greenhouse Gas Emissions Pathways

As of 2023, Yue Yuen has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Yue Yuen have a target to reduce the emissions from its operations?

As of 2023, Yue Yuen has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Yue Yuen's most ambitious operational target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 594,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2023, Yue Yuen is lagging behind on its operational emissions reduction target, having achieved 29.16% of the planned reduction. a

Yue Yuen's Operational (Scope 1+2) Emissions Pathway

2019202320300150 k300 k450 k600 kBaselineCurrent (-13%)Target 2030 (-46%)
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