Matrix Holdings
Matrix Holdings, headquartered in Hong Kong, is a prominent player in the manufacturing and distribution of high-quality electronic components and solutions. Founded in 1984, the company has established a strong presence across Asia, Europe, and North America, catering to a diverse range of industries including telecommunications, automotive, and consumer electronics. Specialising in precision-engineered products, Matrix Holdings is renowned for its innovative approach to design and production, offering unique solutions that meet the evolving needs of its clients. The company has achieved significant milestones, including strategic partnerships and expansions that have solidified its market position. With a commitment to quality and sustainability, Matrix Holdings continues to lead the way in the electronic components sector, delivering exceptional value to its customers.
DitchCarbon Score
How does Matrix Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Matrix Holdings's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Matrix Holdings's reported carbon emissions
In 2023, Matrix Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 12,421,810 kg CO2e. This figure includes 29,710 kg CO2e from Scope 1 emissions, primarily from direct operations, and a significant 12,390,080 kg CO2e from Scope 2 emissions, which are associated with purchased electricity. Additionally, the company recorded 2,020 kg CO2e in Scope 3 emissions, reflecting indirect emissions from its value chain. Comparatively, in 2022, Matrix Holdings' total emissions were about 17,800,270 kg CO2e, with Scope 1 emissions at 23,450 kg CO2e, Scope 2 emissions at 17,768,030 kg CO2e, and Scope 3 emissions at 8,790 kg CO2e. This indicates a notable reduction in total emissions of approximately 5,378,460 kg CO2e from 2022 to 2023. Despite these reductions, Matrix Holdings has not publicly committed to specific science-based targets or reduction initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions data is cascaded from the parent company, Matrix Holdings Limited, reflecting the company's current subsidiary status within its corporate family. Overall, while Matrix Holdings has made strides in reducing its carbon footprint, further commitments and initiatives may be necessary to align with industry standards and climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 25,670 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 8,359,600 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 20,500 | 00,000 | 0,000 | 0,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Matrix Holdings is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
