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.
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.
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.
Cathay Real Estate Development Co., Ltd.'s score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Cathay Real Estate Development Co., Ltd. reported total 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's emissions data reflects a significant operational footprint, with Scope 2 emissions constituting the largest share. For the previous year, 2023, the company reported total emissions of 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. This indicates a substantial increase in emissions from 2023 to 2024. Cathay Real Estate Development has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for enhanced climate action strategies within the organisation. The company’s emissions data is not cascaded from any parent organisation, indicating that the reported figures are solely from Cathay Real Estate Development Co., Ltd. itself. As of now, there are no significant achievements or commitments noted in their climate strategy, highlighting an opportunity for future improvements in sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.

