China Overseas Grand Oceans Sustainability Profile
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 53 is higher than 73% 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 2024, China Overseas Grand Oceans reported total carbon emissions of approximately 29,382,240 kg CO2e, comprising 1,776,930 kg CO2e from Scope 1, 27,605,310 kg CO2e from Scope 2, and 834,430 kg CO2e from Scope 3. This represents a slight decrease from 2023, where total emissions were about 32,598,000 kg CO2e, with Scope 1 emissions at 1,319,000 kg CO2e and Scope 2 emissions at 31,279,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce Scope 1 and 2 carbon emissions intensity by at least 30% per unit area by 2030, using 2019 as the base year. Additionally, China Overseas Grand Oceans has pledged to achieve carbon neutrality by 2060, as outlined in their inaugural Carbon Neutrality White Paper issued in November 2023. The emissions data is not cascaded from any parent organization, and all figures are reported directly by China Overseas Grand Oceans. The company is actively working towards its climate goals while maintaining transparency in its emissions reporting.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 30,199,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 423,663,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 4,950,000 | 000,000 | 000,000 | 000,000 |
How Carbon Intensive is China Overseas Grand Oceans's Industry?
How Carbon Intensive is China Overseas Grand Oceans's Location?
China Overseas Grand Oceans'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 Overseas Grand Oceans 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.
