China Merchants Shekou Industrial Zone Holdings Sustainability Profile
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 75% 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 267.2 million kg CO2e. This figure includes Scope 1 emissions of about 58.5 million kg CO2e and Scope 2 emissions of approximately 208.7 million kg CO2e. Notably, the company has not disclosed any Scope 3 emissions data. The emissions data shows a significant increase from 2021, when total emissions were approximately 97.4 million kg CO2e, comprising about 29.5 million kg CO2e in Scope 1 and around 67.9 million kg CO2e in Scope 2. In 2020, the total emissions were approximately 66.7 million kg CO2e, with Scope 1 at about 12.7 million kg CO2e and Scope 2 at approximately 54.0 million kg CO2e. Despite the increase in emissions, there are currently no publicly stated reduction targets or climate pledges from China Merchants Shekou Industrial Zone Holdings. The company does not appear to have cascaded any emissions reduction initiatives from a parent organisation, as it operates independently in this regard. Overall, while the company has made strides in reporting its emissions, further commitments towards reduction targets and comprehensive climate strategies would enhance its sustainability profile.
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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 | - | - | - |
How Carbon Intensive is China Merchants Shekou Industrial Zone Holdings's Industry?
How Carbon Intensive is China Merchants Shekou Industrial Zone Holdings's Location?
China Merchants Shekou Industrial Zone Holdings'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 Merchants Shekou Industrial Zone Holdings 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.
