China Evergrande Group Sustainability Profile
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.
DitchCarbon Score
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.
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
China Evergrande Group's score of 15 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Evergrande Group's reported carbon emissions
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 has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to mitigate its carbon footprint. As a current subsidiary, China Evergrande Group's climate initiatives and emissions data may be influenced by its corporate family relationships. However, no specific initiatives or targets have been cascaded from its parent organization. The absence of emissions data and reduction commitments places China Evergrande Group in a challenging position within the context of industry standards for climate action and sustainability. In summary, without available emissions data or defined climate commitments, China Evergrande Group's current stance on carbon emissions remains unclear, highlighting a potential area for improvement in its environmental strategy.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 9,735,440 | 0,000,000 |
| Scope 2 | 267,627,400 | 000,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is China Evergrande Group's Industry?
How Carbon Intensive is China Evergrande Group's Location?
China Evergrande Group'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.
China Evergrande Group 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.
