Esr, officially known as ESR Cayman Limited, is a leading logistics and real estate investment firm headquartered in Hong Kong. Founded in 2011, the company has rapidly expanded its footprint across Asia-Pacific, with significant operations in China, Japan, South Korea, and Australia. Specialising in the development and management of logistics and industrial properties, Esr stands out for its innovative approach to sustainable design and technology integration. With a robust portfolio that includes state-of-the-art warehouses and distribution centres, Esr has established itself as a key player in the logistics sector. The company has achieved notable milestones, including its successful listing on the Hong Kong Stock Exchange in 2019. Recognised for its commitment to excellence, Esr continues to drive growth and set industry standards in the logistics real estate market.
How does Esr'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.
Esr's score of 25 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ESR reported total carbon emissions of approximately 248,290,000 kg CO2e, comprising 14,730,000 kg CO2e from Scope 1 and 233,560,000 kg CO2e from Scope 2 emissions. This marks a significant increase from 2021, when their Scope 2 emissions alone were about 2,700,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for 2023. ESR's emissions data indicates a growing trend in their carbon footprint, particularly in Scope 2 emissions, which are primarily associated with electricity consumption. Despite this increase, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The absence of documented reduction targets suggests that ESR may need to enhance its climate strategy to align with industry standards and expectations for sustainability. Overall, while ESR has made strides in transparency regarding its emissions, the lack of defined reduction goals highlights an area for potential improvement in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 12,300,000 | 00,000,000 | 0,000,000 | 000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 12,300,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 12,300,000 | 00,000,000 | 00,000,000 | - | - | - |
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.
Esr 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.