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 33 is higher than 83% 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 2023, Chinese Estates Holdings, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 20,487,000 kg CO2e. This figure includes 17,974,000 kg CO2e from Scope 2 emissions, which primarily arise from purchased electricity, and a minimal 9,000 kg CO2e from Scope 3 emissions, reflecting indirect emissions in their value chain. Notably, there were no reported Scope 1 emissions, indicating no direct emissions from owned or controlled sources. Comparatively, in 2022, the company recorded total emissions of about 21,139,000 kg CO2e, with 18,107,000 kg CO2e from Scope 2 and 487,000 kg CO2e from Scope 1. This demonstrates a slight reduction in total emissions year-on-year. Despite these figures, Chinese Estates Holdings has not established specific reduction targets or climate pledges, which may limit their commitment to addressing climate change. The absence of documented reduction initiatives suggests a need for enhanced strategies to mitigate their carbon footprint in alignment with industry standards.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 000,000 | - |
| Scope 2 | 18,895,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000 |
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.
