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 16 is lower than 77% 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 2023, China Tianbao Group Development reported total carbon emissions of approximately 240,644,000 kg CO2e. This figure includes Scope 1 emissions of about 256,900 kg CO2e, primarily from stationary combustion (approximately 237,098,000 kg CO2e) and mobile combustion (about 256,100 kg CO2e). Scope 2 emissions, derived from purchased electricity, totalled approximately 3,942,500 kg CO2e, with 3,546,000 kg CO2e attributed to electricity consumption. Additionally, Scope 3 emissions were reported at around 21,800 kg CO2e, with significant contributions from business travel (approximately 9,300 kg CO2e) and waste generated in operations (about 12,500 kg CO2e). Despite these emissions, China Tianbao Group Development has not disclosed any specific reduction targets or initiatives as part of their climate commitments. There are no reported SBTi (Science Based Targets initiative) targets or other formal climate pledges. The company’s emissions data is not cascaded from a parent organisation, indicating that these figures are independently reported. Overall, while China Tianbao Group Development has provided detailed emissions data across all three scopes, the absence of reduction targets highlights a potential area for future commitment to climate action.
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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?
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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.
