Sun Hung Kai Properties Limited, commonly referred to as SHKP, is a leading property developer headquartered in Hong Kong, China. Established in 1963, the company has grown to become one of the largest real estate firms in Asia, with a strong presence in residential, commercial, and retail sectors. SHKP is renowned for its innovative approach to property development, offering a diverse portfolio that includes luxury residential complexes, office towers, and shopping malls. The company’s commitment to quality and sustainability sets it apart in the competitive real estate market. With numerous accolades and a solid market position, Sun Hung Kai Properties continues to shape the urban landscape, contributing significantly to Hong Kong's development and beyond. Its strategic focus on customer satisfaction and community enhancement underscores its reputation as a trusted leader in the property industry.
How does Sun Hung Kai Properties'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.
Sun Hung Kai Properties's score of 46 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sun Hung Kai Properties reported total carbon emissions of approximately 45827000 kg CO2e for Scope 1 and about 210896000 kg CO2e for Scope 2 (market-based). The company also disclosed Scope 3 emissions of around 209000 kg CO2e, primarily from business travel. The emissions data indicates a commitment to transparency, as the company has disclosed emissions across all three scopes. However, there are no specific reduction targets or initiatives outlined in their recent reports. In previous years, emissions have shown fluctuations, with Scope 1 emissions at approximately 37885000 kg CO2e in 2021 and Scope 2 emissions at about 208992000 kg CO2e. The company has not set formal reduction targets under the Science Based Targets initiative (SBTi) or similar frameworks, which may limit its ability to demonstrate a proactive approach to climate commitments. Overall, while Sun Hung Kai Properties provides detailed emissions data, the absence of defined reduction targets suggests a need for enhanced climate action strategies to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 59,227,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 307,743,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | 0,000 | 0,000 | 00,000 | 000,000 | 0,000,000,000 |
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.
Sun Hung Kai Properties 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.