Century City Holdings

In 2023, Century City Holdings reported total carbon emissions of approximately 46,391,000 kg CO2e globally, with Scope 1 emissions at about 6,084,000 kg CO2e and Scope 2 emissions at approximately 40,306,000 kg CO2e. In Hong Kong, the company recorded Scope 1 emissions of about 2,000 kg CO2e and Scope 2 emissions of approximately 5,339,000 kg CO2e. The company's emissions data from previous years shows a trend of significant emissions, with global emissions in 2022 at approximately 41,367,000 kg CO2e, and in 2021 at about 41,421,000 kg CO2e. Notably, in 2017, global emissions were reported at approximately 57,586,000 kg CO2e for Scope 3, alongside Scope 1 and 2 emissions of about 58,000,000 kg CO2e combined. Despite the substantial emissions figures, Century City Holdings has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments in line with industry standards. The company’s GHG emission intensities for property management, development, and hotels in Hong Kong indicate ongoing operational impacts, with values such as 28,470 kg CO2e per m² for property management in 2023. Overall, while Century City Holdings has made strides in tracking emissions, the lack of defined reduction targets highlights an opportunity for the company to strengthen its climate commitments and align with global sustainability goals.