China Resources (Holdings) Co., Ltd.
China Resources (Holdings) Co., Ltd., commonly referred to as China Resources, is a prominent conglomerate headquartered in Hong Kong. Established in 1948, the company has evolved into a key player across various sectors, including consumer goods, retail, energy, and real estate, with significant operations throughout mainland China and beyond. The company is renowned for its diverse portfolio, which includes core products and services such as food and beverage, retail chains, and infrastructure development. China Resources stands out for its commitment to quality and innovation, positioning itself as a leader in the competitive market landscape. With a rich history marked by strategic expansions and notable achievements, China Resources continues to solidify its market position as a trusted name in the industry.
DitchCarbon Score
How does China Resources (Holdings) Co., Ltd.'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
China Resources (Holdings) Co., Ltd.'s score of 28 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Resources (Holdings) Co., Ltd.'s reported carbon emissions
In 2023, China Resources (Holdings) Co., Ltd. reported total carbon emissions of approximately 83,509,640 kg CO2e, with Scope 1 emissions at about 52,780 kg CO2e and Scope 2 emissions at approximately 83,456,860 kg CO2e. This marks an increase from 2022, where total emissions were about 80,741,300 kg CO2e, with Scope 1 emissions of approximately 24,970 kg CO2e and Scope 2 emissions of around 80,716,330 kg CO2e. The company has set ambitious climate commitments, aiming for carbon neutrality by 2060 across all scopes. In the near term, from 2023 to 2025, China Resources plans to enhance energy efficiency and reduce emissions intensity through the adoption of new technologies and processes, particularly targeting Scope 1 emissions. Notably, they have transformed coal-fired units to achieve ultra-low emissions, significantly reducing pollutants such as sulfur dioxide and nitrogen oxide. Historically, the company has made strides in reducing emissions, with a reported 31.57% reduction in sulfur dioxide and a 3.82% reduction in nitrogen oxide emissions compared to 2016 levels. Additionally, they aim to decrease carbon dioxide emissions per unit of production value by 4.29% during the same near-term period. Overall, China Resources (Holdings) Co., Ltd. is actively working towards significant emissions reductions and long-term sustainability goals, reflecting a commitment to addressing climate change and enhancing environmental performance.
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| 2017 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 93,098,170 | 00,000 | 00,000 |
| Scope 2 | 225,166,878,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 46,827,410 | - | - |
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.
China Resources (Holdings) Co., Ltd. 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.
