China Merchants Shekou Industrial Zone Holdings
China Merchants Shekou Industrial Zone Holdings Co., Ltd., commonly referred to as Shekou, is a leading property development and management company headquartered in Shenzhen, China. Established in 1984, the company has significantly shaped the urban landscape across major operational regions, including Guangdong, Beijing, and Shanghai. Specialising in residential, commercial, and mixed-use developments, Shekou is renowned for its innovative approach to urban living and sustainable design. The company has achieved notable milestones, such as being listed on the Hong Kong Stock Exchange, which underscores its strong market position within the real estate sector. With a commitment to quality and community integration, Shekou's core offerings include high-end residential complexes and integrated urban projects, setting it apart in a competitive industry. Its dedication to excellence has earned it numerous accolades, solidifying its reputation as a pioneer in the Chinese property market.
DitchCarbon Score
How does China Merchants Shekou Industrial Zone Holdings'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 Merchants Shekou Industrial Zone Holdings's score of 19 is lower than 60% 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 Merchants Shekou Industrial Zone Holdings's reported carbon emissions
In 2022, China Merchants Shekou Industrial Zone Holdings reported total carbon emissions of approximately 268,842,090 kg CO2e. This figure includes about 58,524,880 kg CO2e from Scope 1 emissions and about 208,707,740 kg CO2e from Scope 2 emissions. The company has shown a significant increase in emissions compared to 2021, when total emissions were about 97,405,010 kg CO2e, with Scope 1 and Scope 2 emissions of approximately 29,455,860 kg CO2e and 67,949,140 kg CO2e, respectively. The emissions data indicates that the company has not disclosed any Scope 3 emissions, which typically encompass indirect emissions from the value chain. Furthermore, there are currently no documented reduction targets or climate pledges from China Merchants Shekou Industrial Zone Holdings, suggesting a lack of formal commitments to reduce emissions at this time. The emissions data is sourced directly from China Merchants Shekou Industrial Zone Holdings Co., Ltd., with no cascading from a parent or related organization. The company operates within the real estate and industrial sectors, which are increasingly scrutinised for their environmental impact, highlighting the importance of establishing clear climate commitments and reduction strategies in line with industry standards.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 12,685,800 | 00,000,000 | 00,000,000 |
| Scope 2 | 54,016,410 | 00,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Merchants Shekou Industrial Zone Holdings 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.
