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 33 is higher than 85% 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 2,001,290 kg CO2e. This figure includes 308,340 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 1,413,830 kg CO2e from Scope 2 emissions, related to purchased electricity. Additionally, Scope 3 emissions totalled about 279,120 kg CO2e, primarily from purchased goods and services. Comparatively, in 2022, the company recorded total emissions of about 2,136,020 kg CO2e, indicating a slight reduction in emissions year-on-year. The breakdown for 2022 included 167,190 kg CO2e from Scope 1 and 1,693,280 kg CO2e from Scope 2, with Scope 3 emissions at 275,550 kg CO2e. Despite these figures, Cathay Real Estate Development Co., Ltd. has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company has disclosed emissions data across all three scopes, reflecting a comprehensive approach to understanding its carbon footprint. Overall, while the company has made progress in reducing its emissions, further commitments and initiatives may be necessary to enhance its climate action strategy.
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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 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.
