Chinese Estates Holdings Sustainability Profile
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 70% 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, reported total carbon emissions of approximately 21,139,000 kg CO2e. This figure includes 18,107,000 kg CO2e from Scope 2 emissions, primarily related to indirect energy use, and 9,000 kg CO2e from Scope 3 emissions, specifically from business travel. Notably, the company has not reported any Scope 1 emissions. For the previous year, 2022, the total emissions were about 20,487,000 kg CO2e, with Scope 2 emissions again accounting for 18,107,000 kg CO2e. The trend indicates a stable level of Scope 2 emissions over the years, with no significant reduction targets or achievements disclosed in their reports. Chinese Estates Holdings has not established any Science-Based Targets Initiative (SBTi) reduction targets or specific climate pledges. The company’s emissions data is self-reported and does not appear to be cascaded from a parent or related organization. Overall, while Chinese Estates Holdings has made strides in transparency regarding its emissions, it lacks defined reduction initiatives or commitments to lower its carbon footprint in the near future.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,000 | - | - | - | - |
| Scope 2 | 24,579,100 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 0,000 |
How Carbon Intensive is Chinese Estates Holdings's Industry?
How Carbon Intensive is Chinese Estates Holdings's Location?
Chinese Estates Holdings's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Chinese Estates Holdings'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.
Chinese Estates Holdings 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.
