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 GHG Emissions Data Preview

In 2024, Yue Yuen 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).

Yue Yuen has also provided a category-level breakdown for 9 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
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Yue Yuen’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 Yue Yuen’s data sources below and access millions more through our Disclosure Search.

a. Yue Yuen's ESG Report 2024
a. Yue Yuen's ESG Report 2024

Insights into Yue Yuen's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Yue Yuen amounted to 704,000 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 Yue Yuen increased by 6.34%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Yue Yuen's Scope 1 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e-33%-22%+257%-10%+58%
  • Total Scope 1
  • Year-over-Year Change

What are Yue Yuen's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Yue Yuen were 71,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Yue Yuen reduced its Scope 1 emissions over time?

Since 2019, Yue Yuen's Scope 1 emissions have increased by 162.96%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Yue Yuen's Scope 1 emissions increased by 57.78%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Yue Yuen's Scope 2 emissions?

In 2024, Yue Yuen reported Scope 2 greenhouse gas (GHG) emissions of 486,000 tCO₂e using the market-based method and 633,000 tCO₂e using the location-based method. a

Has Yue Yuen reduced its Scope 2 emissions over time?

Since 2019, Yue Yuen's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 11.64%, reflecting a rising long-term trend in Scope 2 emissions over time. a

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

What methodology does Yue Yuen use for Scope 2 reporting?

In 2024, Yue Yuen reported its Scope 2 emissions using the market-based method and using the location-based method. a

Yue Yuen's Scope 2 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Yue Yuen's Value Chain Emissions

In 2024, Yue Yuen reported 61,205.8 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 Yue Yuen includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Yue Yuen's Scope 3 Emissions Over Time

202220232024020 k40 k60 k80 ktCO2e-22%+228%
  • Total Scope 3
  • Year-over-Year Change

What are Yue Yuen's Scope 3 emissions?

In 2024, Yue Yuen reported total Scope 3 emissions of 61,205.8 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 91.7% of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.3% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Yue Yuen's Scope 3 emissions increased by 227.56%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Yue Yuen disclose?

In 2024, Yue Yuen reported emissions for 9 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 Yue Yuen's Scope 3 emissions?

In 2024, the largest contributors to Yue Yuen's Scope 3 emissions were: a

  • Upstream Transportation and Distribution (Cat. 4): 37,677.3 tCO₂e (61.56%)
  • Purchased Goods and Services (Cat. 1): 13,109.4 tCO₂e (21.42%)
  • Fuel- and Energy-Related Services (Cat. 3): 3,073.3 tCO₂e (5.02%)

Yue Yuen's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(61.6%)Purchased Goods andServices (Cat. 1)(21.4%)Fuel- andEnergy-RelatedServices (Cat. 3)(5.0%)

Insights into Yue Yuen’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Yue Yuen reported Scope 1 greenhouse gas (GHG) emissions of 71,000 tCO₂e and total revenues of USD 64,033 millions. This translates into an emissions intensity of 1.11 tCO₂e per millions USD. a

Yue Yuen's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000200,0001,000,000Scope 1 Emissions (tCO2e)202002,00020,000200,000Revenues (Millions of USD)LCHGPumaYear: 2024Scope 1: 5,950 tCO2eRevenue: $M 9,175Scope 1 Intensity: 0.65 tCO2e/$MLLLAI YIH FootwareYear: 2024Scope 1: 13,069 tCO2eRevenue: $M 1,150Scope 1 Intensity: 11.36 tCO2e/$MGeely Automobile HoldingsYear: 2023Scope 1: 127,437 tCO2eRevenue: $M 27,464Scope 1 Intensity: 4.64 tCO2e/$MCCCTG InternationalYear: 2023Scope 1: 26,229 tCO2eRevenue: $M 576Scope 1 Intensity: 45.57 tCO2e/$MJohnson Electric HoldingsYear: 2024Scope 1: 29,471 tCO2eRevenue: $M 29,706Scope 1 Intensity: 0.99 tCO2e/$MChow Tai Fook Jewellery GroupYear: 2024Scope 1: 2,507 tCO2eRevenue: $M 13,889Scope 1 Intensity: 0.18 tCO2e/$MMan Wah HoldingsYear: 2023Scope 1: 26,059 tCO2eRevenue: $M 2,210Scope 1 Intensity: 11.79 tCO2e/$MOn HoldingYear: 2024Scope 1: 1,071 tCO2eRevenue: $M 3,175Scope 1 Intensity: 0.34 tCO2e/$MMelco Resorts & EntertainmentYear: 2023Scope 1: 20,392 tCO2eRevenue: $M 3,775Scope 1 Intensity: 5.40 tCO2e/$MAdidasYear: 2024Scope 1: 20,844 tCO2eRevenue: $M 24,644Scope 1 Intensity: 0.85 tCO2e/$MSamsonite GroupYear: 2024Scope 1: 2,659 tCO2eRevenue: $M 28,049Scope 1 Intensity: 0.09 tCO2e/$MGalaxy Entertainment GroupYear: 2024Scope 1: 402,597 tCO2eRevenue: $M 5,592Scope 1 Intensity: 71.99 tCO2e/$MCrystal International GroupYear: 2024Scope 1: 49,824 tCO2eRevenue: $M 2,470Scope 1 Intensity: 20.17 tCO2e/$MSteven MaddenYear: 2023Scope 1: 944 tCO2eRevenue: $M 1,982Scope 1 Intensity: 0.48 tCO2e/$MFeng Tay EnterprisesYear: 2024Scope 1: 19,400 tCO2eRevenue: $M 2,671Scope 1 Intensity: 7.26 tCO2e/$MNikeYear: 2024Scope 1: 57,390 tCO2eRevenue: $M 51,360Scope 1 Intensity: 1.12 tCO2e/$MAlpargatasYear: 2023Scope 1: 16,673 tCO2eRevenue: $M 770Scope 1 Intensity: 21.66 tCO2e/$MHHHuali Industrial GroupYear: 2023Scope 1: 19,017 tCO2eRevenue: $M 2,830Scope 1 Intensity: 6.72 tCO2e/$MCrocsYear: 2024Scope 1: 4,098 tCO2eRevenue: $M 4,102Scope 1 Intensity: 1.00 tCO2e/$MPou ChenYear: 2024Scope 1: 71,035 tCO2eRevenue: $M 8,053Scope 1 Intensity: 8.82 tCO2e/$MGGGolden SolarYear: 2023Scope 1: 1,823 tCO2eRevenue: $M 45Scope 1 Intensity: 40.18 tCO2e/$M361 Degrees InternationalYear: 2023Scope 1: 7,234 tCO2eRevenue: $M 1,296Scope 1 Intensity: 5.58 tCO2e/$MGrendeneYear: 2023Scope 1: 2,399 tCO2eRevenue: $M 461Scope 1 Intensity: 5.21 tCO2e/$MAsicsYear: 2024Scope 1: 3,262 tCO2eRevenue: $M 4,322Scope 1 Intensity: 0.75 tCO2e/$MRelaxo FootwearsYear: 2024Scope 1: 11,625 tCO2eRevenue: $M 347Scope 1 Intensity: 33.50 tCO2e/$MYue YuenYear: 2024Scope 1: 71,000 tCO2eRevenue: $M 64,033Scope 1 Intensity: 1.11 tCO2e/$M

How does Yue Yuen's GHG emissions intensity compare to its peers?

In 2024, Yue Yuen reported a Scope 1 emissions intensity of 1.11 tCO₂e per millions USD. Compared to the peer group median of 5.4 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Yue Yuen rank on GHG emissions intensity within its industry?

In 2024, Yue Yuen ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Yue Yuen's Total Carbon Footprint

In 2024, Yue Yuen reported a total carbon footprint of 765,205.8 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.42% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Yue Yuen's total carbon footprint was Scope 2 emissions, accounting for 82.72% of the company's total carbon footprint, followed by Scope 1 emissions at 9.28%. a

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