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.
-20 vs industry average
China Merchants Shekou Industrial Zone Holdings’s score of 8 is lower than 20% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
China Merchants Shekou Industrial Zone Holdings's reported carbon emissions
In 2022, China Merchants Shekou Industrial Zone Holdings reported total carbon emissions of approximately 268.8 million kg CO2e. This figure includes about 58.5 million kg CO2e from Scope 1 emissions and approximately 208.7 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2021, the total emissions were about 97.4 million kg CO2e, with Scope 1 contributing approximately 29.5 million kg CO2e and Scope 2 accounting for about 67.9 million kg CO2e. In 2020, the total emissions were around 66.7 million kg CO2e, with Scope 1 emissions at about 12.7 million kg CO2e and Scope 2 at approximately 54.0 million kg CO2e. Despite these figures, China Merchants Shekou Industrial Zone Holdings has not set any specific reduction targets or climate pledges, nor have they reported any initiatives through the Science Based Targets initiative (SBTi). The absence of reduction targets indicates a potential area for improvement in their climate strategy. 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 is encouraged to enhance its climate commitments and consider establishing measurable reduction targets to align with global climate goals.
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China Merchants Shekou Industrial Zone Holdings’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for China Merchants Shekou Industrial Zone Holdings yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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China Merchants Shekou Industrial Zone Holdings
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