Cathay Real Estate Development Co., Ltd.
Cathay Real Estate Development Co., Ltd., commonly referred to as Cathay RED, is a prominent player in the Taiwanese real estate sector, headquartered in Taipei, Taiwan. Established in 1993, the company has made significant strides in residential, commercial, and mixed-use developments across major urban regions in Taiwan. Specialising in high-quality property development, Cathay RED is renowned for its innovative designs and sustainable building practices. The company’s commitment to excellence has positioned it as a leader in the industry, with notable achievements including several award-winning projects that reflect its dedication to enhancing urban living. With a strong market presence, Cathay Real Estate Development continues to shape the landscape of Taiwan’s real estate, focusing on creating value through strategic investments and community-oriented developments.
DitchCarbon Score
How does Cathay Real Estate Development 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
Cathay Real Estate Development Co., Ltd.'s score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cathay Real Estate Development Co., Ltd.'s reported carbon emissions
In 2023, Cathay Real Estate Development Co., Ltd. reported total carbon emissions of approximately 2,001,290 kg CO2e. This figure includes Scope 1 emissions of about 308,340 kg CO2e, primarily from mobile combustion (about 12,772 kg CO2e) and fugitive emissions (approximately 308,635 kg CO2e). Scope 2 emissions, mainly from purchased electricity, accounted for about 1,413,830 kg CO2e. Additionally, Scope 3 emissions totalled approximately 279,120 kg CO2e, with the majority arising from purchased goods and services (about 282,428 kg CO2e). Comparatively, in 2022, the company’s total emissions were about 2,136,020 kg CO2e, indicating a reduction of approximately 134,730 kg CO2e from the previous year. This reduction reflects ongoing efforts to manage and mitigate carbon emissions across all scopes. Despite these figures, Cathay Real Estate Development Co., Ltd. has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to monitor its emissions and is likely to pursue further strategies to enhance its sustainability practices in the future.
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| 2016 | 2017 | 2018 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,272,040 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 54,555,750 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,692,710 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
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.
Cathay Real Estate Development 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.
