China Overseas Grand Oceans
China Overseas Grand Oceans Group Limited, commonly referred to as COGO, is a prominent player in the real estate and property development industry, headquartered in Hong Kong. Established in 1992, the company has made significant strides in the market, focusing primarily on residential and commercial property development across major operational regions in mainland China. COGO is renowned for its commitment to quality and innovation, offering a diverse portfolio of properties that cater to various market segments. The company has achieved notable milestones, including recognition for its sustainable development practices and customer-centric approach. With a strong market position, COGO continues to enhance its reputation as a leader in the real estate sector, delivering unique living and working spaces that meet the evolving needs of urban communities.
DitchCarbon Score
How does China Overseas Grand Oceans'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 Other 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 Overseas Grand Oceans's score of 58 is higher than 97% 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 Overseas Grand Oceans's reported carbon emissions
In 2023, China Overseas Grand Oceans (COGO) reported total carbon emissions of approximately 34,279,000 kg CO2e, comprising 1,680,000 kg CO2e from Scope 1, 31,279,000 kg CO2e from Scope 2, and 1,319,000 kg CO2e from Scope 3 emissions. This marked a significant reduction from previous years, particularly from 2021, when total emissions were about 24,840,000 kg CO2e. COGO has set ambitious climate commitments, pledging to achieve carbon neutrality by 2060. This commitment was formalised in November 2023 with the release of their inaugural Carbon Neutrality White Paper. Additionally, the company aims to reduce Scope 1 and 2 carbon emissions intensity by at least 30% per unit area by 2030, using 2019 as the baseline year. The company has consistently disclosed emissions across all three scopes, demonstrating transparency in its climate reporting. COGO's efforts align with global trends towards sustainability and carbon reduction, positioning it as a leader in the industry.
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| 2017 | 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,157,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,351,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 472,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 000,000 |
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 Overseas Grand Oceans 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.
