Cmsc, officially known as China Merchants Shekou Industrial Zone Holdings Co., Ltd., is a prominent player in the real estate and urban development industry. Headquartered in Hong Kong, the company has established a significant presence across mainland China and other key regions. Founded in 1984, Cmsc has achieved numerous milestones, including the successful development of large-scale residential and commercial projects. Cmsc's core offerings encompass property development, investment, and management, with a unique focus on creating integrated urban communities. The company is recognised for its innovative approach to sustainable development and urban planning, setting it apart in a competitive market. With a strong market position, Cmsc has garnered accolades for its contributions to urbanisation and has become a trusted name in the industry.
How does Cmsc'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 Financial Intermediation 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.
Cmsc's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cmsc reported total carbon emissions of approximately 30,442,000 kg CO2e, comprising 724,000 kg CO2e from Scope 1, 29,719,000 kg CO2e from Scope 2, and 5,536,000 kg CO2e from Scope 3 emissions. The Scope 2 emissions primarily stem from purchased electricity, accounting for about 20,907,000 kg CO2e. Comparatively, in 2022, Cmsc's total emissions were about 27,871,000 kg CO2e, with Scope 1 emissions at 973,000 kg CO2e, Scope 2 at 26,898,000 kg CO2e, and Scope 3 at 1,267,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023, particularly in Scope 2 emissions. Cmsc has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The emissions data is not cascaded from a parent company, and all figures are reported directly from Cmsc. Overall, Cmsc's emissions profile highlights the need for enhanced climate commitments and strategies to address its carbon footprint, particularly in Scope 2 emissions, which represent the largest share of its total emissions.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 1,578,970 | 0,000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 18,107,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 |
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.
Cmsc 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.