Shimao
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.
DitchCarbon Score
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.
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
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.
Shimao's reported carbon emissions
In 2023, Shimao reported total carbon emissions of approximately 4,037,140 kg CO2e, comprising 80,140 kg CO2e from Scope 1 and 3,957,000 kg CO2e from Scope 2 emissions. This reflects a significant focus on reducing their carbon footprint, particularly in energy consumption. Over the years, Shimao has demonstrated a commitment to sustainability, with emissions data showing a trend of increasing revenue alongside emissions management. For instance, in 2022, their total emissions were about 13,334,380 kg CO2e, indicating a shift towards more efficient operations. However, specific reduction targets or initiatives have not been disclosed, suggesting that while they are tracking emissions, formal commitments to reduction strategies such as Science-Based Targets Initiative (SBTi) or other climate pledges are currently absent. Shimao's headquarters in Hong Kong positions it within a region increasingly focused on climate action, and the company’s ongoing efforts to monitor and report emissions are crucial as they navigate the evolving landscape of corporate sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 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 | - | - | - | - |
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.
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.
