China Resources (Holdings) Co., Ltd., commonly referred to as China Resources, is a prominent conglomerate headquartered in Hong Kong. Established in 1948, the company has evolved into a key player across various sectors, including consumer goods, retail, energy, and real estate, with significant operations throughout mainland China and beyond. The company is renowned for its diverse portfolio, which includes core products and services such as food and beverage, retail chains, and infrastructure development. China Resources stands out for its commitment to quality and innovation, positioning itself as a leader in the competitive market landscape. With a rich history marked by strategic expansions and notable achievements, China Resources continues to solidify its market position as a trusted name in the industry.
How does China Resources (Holdings) Co., Ltd.'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.
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.
China Resources (Holdings) Co., Ltd.'s score of 21 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, China Resources (Holdings) Co., Ltd. reported significant carbon emissions, totalling approximately 208,031,000,000 kg CO2e for Scope 1 and about 7,100,000,000 kg CO2e for Scope 2. This data reflects the company's commitment to transparency in its environmental impact, although no Scope 3 emissions data was disclosed. The company has set ambitious climate commitments, aiming for substantial reductions in emissions through various initiatives. Notably, they plan to enhance energy efficiency and reduce pollutant emissions by promoting new technologies and processes from 2023 to 2025. This initiative targets Scope 1 emissions specifically. Additionally, China Resources has transformed its coal-fired power units to achieve ultra-low emissions, with 98.1% of controllable installed capacity meeting these standards. This long-term commitment, extending to 2050, aims to significantly lower emissions of sulphur dioxide, nitrogen oxide, and soot, impacting both Scope 1 and Scope 2 emissions. From 2016 to 2017, the company achieved a 31.57% reduction in sulphur dioxide emissions and a 3.82% reduction in nitrogen oxide emissions, demonstrating a proactive approach to environmental stewardship. As a current subsidiary of China Resources (Holdings) Co., Ltd., the emissions data and climate initiatives are cascaded from the parent company, ensuring alignment with broader corporate sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2021 | |
---|---|---|
Scope 1 | 93,098,170 | 000,000,000,000 |
Scope 2 | 225,166,878,000 | 0,000,000,000 |
Scope 3 | 46,827,410 | - |
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 Resources (Holdings) Co., Ltd. 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.