Cathay Real Estate Development Co., Ltd. Sustainability Profile
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 53% 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 2024, Cathay Real Estate Development Co., Ltd. reported total global carbon emissions of approximately 18,947,360 kg CO2e. This figure includes 2,019,290 kg CO2e from Scope 1 emissions, 13,620,430 kg CO2e from Scope 2 emissions, and 3,307,640 kg CO2e from Scope 3 emissions. The company has not disclosed specific emissions data for its Taiwan operations for this year. For 2023, the global emissions were reported at about 2,018,080 kg CO2e, with Scope 1 emissions at 325,430 kg CO2e, Scope 2 emissions at 1,410,520 kg CO2e, and Scope 3 emissions at 282,130 kg CO2e. Again, no emissions data was disclosed for Taiwan. Cathay Real Estate Development has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting and climate commitments. Overall, while Cathay Real Estate Development Co., Ltd. has provided emissions data for its global operations, it lacks specific reduction strategies or commitments to mitigate its carbon footprint.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 52,487,760 | 00,000,000 | 00,000,000 | - | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 4,450,140 | 0,000,000 | 0,000,000 | 00,000 | 000,000 | 000,000 | 0,000,000 |
How Carbon Intensive is Cathay Real Estate Development Co., Ltd.'s Industry?
How Carbon Intensive is Cathay Real Estate Development Co., Ltd.'s Location?
Cathay Real Estate Development Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cathay Real Estate Development Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
