Chinese Estates Holdings
Chinese Estates Holdings Limited, commonly referred to as Chinese Estates, is a prominent property investment and development company headquartered in Hong Kong (HK). Established in 1978, the firm has made significant strides in the real estate sector, focusing primarily on residential and commercial properties across major operational regions, including Hong Kong and mainland China. With a diverse portfolio that encompasses luxury residential developments, commercial spaces, and investment properties, Chinese Estates distinguishes itself through its commitment to quality and innovation. The company has achieved notable milestones, solidifying its market position as a key player in the industry. Renowned for its strategic investments and development projects, Chinese Estates continues to shape the urban landscape, contributing to the dynamic growth of the real estate market in the region.
DitchCarbon Score
How does Chinese Estates Holdings'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 Financial Intermediation 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
Chinese Estates Holdings's score of 24 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chinese Estates Holdings's reported carbon emissions
In 2022, Chinese Estates Holdings, headquartered in Hong Kong (HK), reported carbon emissions of approximately 18,107,000 kg CO2e, all of which were classified under Scope 2 emissions, indicating indirect emissions from purchased electricity. The company did not report any Scope 1 emissions for the same year. Comparatively, in 2021, the company recorded about 18,895,000 kg CO2e in Scope 2 emissions, while in 2020, the figure was approximately 22,148,290 kg CO2e. This demonstrates a notable reduction in emissions over the two-year period, with a decrease of about 4,041,290 kg CO2e from 2020 to 2022. Despite these reductions, Chinese Estates Holdings has not set any specific reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of Scope 3 emissions data suggests a limited scope of reporting, focusing primarily on direct and indirect emissions from energy use. Overall, while the company has shown a downward trend in its Scope 2 emissions, further commitments and transparency regarding its climate strategy would enhance its sustainability profile.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 1,000 | - | - | - |
| Scope 2 | 24,579,100 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
Chinese Estates Holdings 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.
