Shimao Group Holdings Limited, commonly referred to as Shimao, is a prominent player in the real estate and property development industry, headquartered in Hong Kong. Founded in 2001, the company has rapidly expanded its operations across major regions in China, establishing a strong presence in tier-one cities and beyond. Specialising in residential, commercial, and mixed-use developments, Shimao is renowned for its innovative architectural designs and commitment to quality. The company has achieved significant milestones, including numerous awards for excellence in property development, which underscore its market position as a leading developer in the competitive landscape. With a diverse portfolio that includes luxury residences and large-scale urban projects, Shimao continues to set benchmarks in the industry, reflecting its dedication to sustainable growth and community enhancement.
How does Shimao'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.
Shimao's score of 28 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shimao reported carbon emissions of approximately 4,000 kg CO2e from Scope 1 and about 3,957,000 kg CO2e from Scope 2. This reflects a commitment to monitoring and managing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. Over the years, Shimao's emissions have varied, with significant figures recorded in previous years, such as 13,334,380 kg CO2e in 2022, which included 1,191,810 kg CO2e from Scope 1 and 12,142,580 kg CO2e from Scope 2. The company has not established any formal reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. Shimao's headquarters is located in Hong Kong, and while they have made strides in emissions reporting, further transparency regarding their climate commitments and reduction strategies would enhance their environmental accountability.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 1,115,670,000 | 000,000 | 0,000,000 | 00,000 |
Scope 2 | 37,317,412,000 | 000,000 | 00,000,000 | 0,000,000 |
Scope 3 | - | - | - | - |
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.
Shimao 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.