China Evergrande Group, often referred to simply as Evergrande, is a leading property developer headquartered in Shenzhen, CN. Founded in 1996, the company has rapidly expanded its operations across major regions in China, establishing a significant presence in the real estate sector. Specialising in residential and commercial property development, Evergrande is renowned for its large-scale projects and innovative urban planning. The company has achieved notable milestones, including becoming one of the largest property developers in the world by sales volume. With a diverse portfolio that includes luxury residential complexes, commercial properties, and cultural tourism projects, Evergrande distinguishes itself through its commitment to quality and sustainability. Despite facing recent challenges, its market position remains influential, reflecting its pivotal role in shaping China's urban landscape.
How does China Evergrande Group'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.
China Evergrande Group's score of 15 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Evergrande Group, headquartered in CN, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is classified as a current subsidiary of Xin Xin (BVI) Limited, which may influence its climate reporting and commitments. Despite the lack of specific emissions data, there are no documented reduction targets or climate pledges from China Evergrande Group. This suggests that the company may not have established formal commitments to reduce its carbon footprint or align with industry standards such as the Science Based Targets initiative (SBTi). In the context of the real estate and construction industry, where carbon emissions are a significant concern, it is crucial for companies like China Evergrande Group to develop and communicate clear climate strategies. The absence of reported emissions and reduction initiatives may reflect broader challenges within the sector, particularly in light of increasing regulatory pressures and stakeholder expectations for sustainability. Overall, without specific emissions data or reduction commitments, China Evergrande Group's climate impact remains unclear, highlighting a potential area for improvement in transparency and accountability regarding environmental performance.
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.
China Evergrande Group 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.
