Cheung Hung Development (Holdings) Limited Sustainability Profile
Cheung Hung Development (Holdings) Limited, often referred to as Cheung Hung, is a prominent player in the construction and property development industry, headquartered in Hong Kong. Established in 1980, the company has built a solid reputation for its commitment to quality and innovation in residential and commercial projects across the region. With a focus on sustainable development, Cheung Hung offers a diverse range of services, including project management, construction, and property investment. Their unique approach combines modern technology with traditional craftsmanship, setting them apart in a competitive market. Over the years, Cheung Hung has achieved significant milestones, solidifying its position as a trusted name in the industry, known for delivering exceptional value and excellence in every project.
DitchCarbon Score
How does Cheung Hung Development (Holdings) Limited'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 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
Cheung Hung Development (Holdings) Limited's score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cheung Hung Development (Holdings) Limited's reported carbon emissions
Cheung Hung Development (Holdings) Limited, headquartered in Hong Kong, reported its carbon emissions for the year 2016, with total emissions of approximately 2,402,343 kg CO2e. This figure includes 111,423 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 2,291,920 kg CO2e from Scope 2 emissions related to purchased electricity. The company has set ambitious reduction targets, aiming to decrease its Scope 1 emissions by 25% and Scope 2 emissions by 20% by the year 2030. These targets reflect a commitment to reducing its carbon footprint and aligning with industry standards for climate action. As of now, Cheung Hung Development has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company's initiatives demonstrate a proactive approach to sustainability and climate responsibility within the construction and development sector.
How Carbon Intensive is Cheung Hung Development (Holdings) Limited's Industry?
How Carbon Intensive is Cheung Hung Development (Holdings) Limited's Location?
Cheung Hung Development (Holdings) Limited'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.
Cheung Hung Development (Holdings) Limited 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.
