Vanke
Vanke Co., Ltd., commonly known as Vanke, is a leading real estate developer headquartered in Shenzhen, China (CN). Founded in 1984, Vanke has established a strong presence across major operational regions, including Beijing, Shanghai, and Guangzhou. The company primarily operates in the real estate industry, focusing on residential and commercial property development, as well as property management services. Vanke is renowned for its commitment to sustainable development and innovative design, setting it apart in a competitive market. With a diverse portfolio that includes high-quality residential communities and commercial complexes, Vanke has achieved significant milestones, including being listed among the top real estate companies in China. Its dedication to excellence and customer satisfaction has solidified its position as a market leader, making Vanke a prominent name in the global real estate landscape.
DitchCarbon Score
How does Vanke'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 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.
Industry Benchmark
Vanke's score of 40 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vanke's reported carbon emissions
In 2023, Vanke reported total carbon emissions of approximately 261,326,830 kg CO2e, comprising 14,570,200 kg CO2e from Scope 1 and 261,326,830 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions amounting to about 355,735,918.4 kg CO2e. Vanke has set ambitious climate commitments, aiming to peak its total carbon dioxide emissions from Scopes 1 and 2 by 2030 or earlier. Additionally, the company plans to reduce the electricity intensity of public areas in 20 SCPG shopping malls by 6% by 2025, using 2021 as a baseline. By 2030, Vanke targets a 9% reduction in carbon emissions across at least 20 SCPG shopping centres, again against a 2021 baseline. These initiatives reflect Vanke's commitment to addressing climate change and reducing its carbon footprint in the real estate sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,944,240 | 0,000,000.0 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 20,112,210 | 000,000,000.0 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000.0 | 000,000,000.0 | 000,000,000.0 | 000,000,000.0 |
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.
Vanke 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.
