China Tianbao Group Development Sustainability Profile
China Tianbao Group Development, often referred to as Tianbao Group, is a prominent player in the construction and real estate industry, headquartered in China (CN). Established in 1995, the company has made significant strides in urban development, infrastructure construction, and property management, primarily operating across major cities in China. Tianbao Group is renowned for its innovative approach to sustainable building practices and high-quality residential and commercial projects. Their core offerings include comprehensive construction services and property development, distinguished by a commitment to excellence and environmental responsibility. With a strong market position, Tianbao Group has achieved numerous accolades for its contributions to urban development, solidifying its reputation as a leader in the industry. The company continues to expand its influence, focusing on creating sustainable communities that enhance the quality of life for residents.
DitchCarbon Score
How does China Tianbao Group Development'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 Tianbao Group Development'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 Tianbao Group Development's reported carbon emissions
In 2024, China Tianbao Group Development reported total carbon emissions of approximately 6,000,000 kg CO2e, comprising 267,860 kg CO2e from Scope 1, 5,857,310 kg CO2e from Scope 2, and 25,170 kg CO2e from Scope 3. In 2023, the company recorded total emissions of about 240,644,000 kg CO2e, with Scope 1 emissions at 256,900 kg CO2e, Scope 2 emissions at 3,942,500 kg CO2e, and Scope 3 emissions at 21,800 kg CO2e. The Group has set long-term carbon neutrality commitments, targeting significant reductions in both Scope 1 and Scope 2 emissions by 2050. Initiatives include low-load combustion modifications of redundant boilers and improvements to steam pipeline networks, aimed at reducing industrial steam losses and enhancing operational efficiency. These efforts align with China's energy transformation goals during the "14th Five-Year Plan" period, focusing on a clean, low-carbon energy system. Overall, China Tianbao Group Development is actively pursuing strategies to mitigate its carbon footprint while adapting to the evolving energy landscape in China.
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| 2022 | |
|---|---|
| Scope 1 | 173,800 |
| Scope 2 | 6,223,000 |
| Scope 3 | 41,400 |
How Carbon Intensive is China Tianbao Group Development's Industry?
How Carbon Intensive is China Tianbao Group Development's Location?
China Tianbao Group Development's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 66% of Scope 3 emissions.
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China Tianbao Group Development'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 Tianbao Group Development 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.
