Guocoland Limited, commonly referred to as Guocoland, is a prominent property development and investment company headquartered in Singapore (SG). Established in 1978, Guocoland has made significant strides in the real estate industry, focusing on residential, commercial, and hospitality sectors across Singapore, Malaysia, and China. With a diverse portfolio that includes iconic developments such as the Guoco Tower and the luxurious Martin Modern, Guocoland is renowned for its commitment to quality and innovative design. The company has consistently achieved notable milestones, including numerous awards for excellence in property development. As a key player in the market, Guocoland stands out for its sustainable practices and customer-centric approach, solidifying its reputation as a leader in the real estate landscape.
How does Guocoland'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.
Mean score of companies in the Real Estate Services 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.
Guocoland's score of 43 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, GuocoLand reported total carbon emissions of approximately 110,415,000 kg CO2e. This figure includes 11,288,000 kg CO2e from Scope 1 emissions, 20,534,000 kg CO2e from Scope 2 emissions (with 7,704,000 kg CO2e on a market-based approach), and a significant 88,146,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 18,992,000 kg CO2e. In comparison, the previous year, 2023, saw total emissions of about 168,386,000 kg CO2e, with Scope 1 emissions at 11,029,000 kg CO2e, Scope 2 at 12,136,000 kg CO2e, and Scope 3 emissions reaching 155,961,000 kg CO2e. This indicates a notable reduction in total emissions from 2023 to 2024. GuocoLand has set ambitious climate commitments, aiming for net zero emissions by 2050. This target encompasses both Scope 1 and Scope 2 emissions, reflecting a long-term strategy to mitigate their carbon footprint. The company is actively working towards these goals, demonstrating a commitment to sustainability and climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 600 | 00,000,000 | 00,000,000 |
Scope 2 | 10,236,000 | 00,000,000 | 0,000,000 |
Scope 3 | 65,829,000 | 000,000,000 | 00,000,000 |
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.
Guocoland 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.