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.
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.
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.
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.
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, which are indirect emissions associated with the generation of purchased electricity, and 9,000 kg CO2e from Scope 3 emissions related to business travel. Notably, the company reported no Scope 1 emissions for the year. 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 two years, while Scope 3 emissions were not reported in 2022. Chinese Estates Holdings has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction initiatives suggests a need for enhanced climate action strategies within the organisation. Overall, while the company has disclosed its emissions data, it lacks comprehensive climate commitments or significant reduction targets, which are critical for aligning with industry standards and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.
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.
