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 58% 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 greenhouse gas emissions of approximately 1,442,434 kg CO2e. This figure includes Scope 1 emissions of about 322,434 kg CO2e, comprising mobile combustion (12,772 kg CO2e), fugitive emissions (308,635 kg CO2e), and stationary combustion (4,027 kg CO2e). Scope 2 emissions from purchased electricity accounted for approximately 1,412,032 kg CO2e, while Scope 3 emissions from purchased goods and services were about 282,428 kg CO2e. The company has set ambitious reduction targets, aiming to reduce Scope 1 and 2 GHG emissions cumulatively by 30% by 2025 and by 42% by 2030, using 2020 as the baseline year. These commitments reflect a proactive approach to climate action, focusing on significant reductions in their operational emissions. Cathay Real Estate Development Co., Ltd. has not inherited emissions data from any parent company, indicating that their reported figures are independently sourced. The company is actively working towards its climate commitments, demonstrating a commitment to sustainability and environmental responsibility within the real estate sector.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 115,170 | 000,000 |
| Scope 2 | 1,563,850 | 0,000,000 |
| Scope 3 | 275,548 | 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.
