Cathay Real Estate Development Co., Ltd.
Cathay Real Estate Development Co., Ltd., commonly referred to as Cathay RED, is a prominent player in the real estate industry, headquartered in Taipei, Taiwan. Established in 1993, the company has made significant strides in residential, commercial, and mixed-use developments across major regions in Taiwan and beyond. Cathay RED is renowned for its innovative approach to property development, focusing on sustainable design and community-oriented projects. Their portfolio includes high-rise residential buildings, commercial complexes, and urban renewal initiatives, all characterised by quality craftsmanship and modern aesthetics. With a strong market position, Cathay RED has received numerous accolades for its contributions to the real estate sector, solidifying its reputation as a leader in creating vibrant living spaces that enhance urban environments.
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 33 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 million tonnes CO2e. This figure includes about 308,340 tonnes from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and around 1.4 million tonnes from Scope 2 emissions, primarily related to purchased electricity. Additionally, Scope 3 emissions were reported at about 279,120 tonnes, mainly from purchased goods and services. Comparatively, the company has shown a significant reduction in emissions over the years. In 2022, total emissions were about 2.1 million tonnes CO2e, indicating a decrease of approximately 500,000 tonnes from 2022 to 2023. This trend reflects a commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. Cathay Real Estate Development Co., Ltd. has not outlined any formal climate pledges or reduction targets under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). However, the company continues to monitor and report its emissions, demonstrating a level of transparency in its climate commitments.
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Add to project2016 | 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 | 407,920 | 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 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.
