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 30 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vanke's reported carbon emissions
In 2023, Vanke reported total carbon emissions of approximately 203,732,622.2 kg CO2e, comprising 7,807,316.6 kg CO2e from Scope 1 and 195,925,305.5 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions reached about 797,904,762.5 kg CO2e, primarily driven by investments and business travel. The company has shown a significant increase in emissions over the years, with 2022 emissions at approximately 171,189,999.5 kg CO2e for Scope 1 and 2 combined, and 566,880,540.6 kg CO2e for Scope 3. In 2021, Vanke's total emissions were about 234,458,767.2 kg CO2e for Scope 1 and 2, alongside 209,819,381.3 kg CO2e for Scope 3. Despite the rising emissions, Vanke has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for enhanced focus on sustainability practices within the organisation. As a major player in the real estate sector, Vanke's climate commitments are crucial for aligning with global climate goals and reducing their overall carbon footprint.
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Get Started| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,944,240 | 0,000,000.0 | 00,000,000.0 | 0,000,000.0 |
| Scope 2 | 20,112,210 | 000,000,000.0 | 000,000,000.0 | 000,000,000.0 |
| Scope 3 | - | 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 committed to any reduction initiatives 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.
