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 27 is lower than 53% 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, which primarily arise from purchased electricity, and a minor contribution of 9,000 kg CO2e from Scope 3 emissions related to business travel. Notably, there were no reported Scope 1 emissions. Comparatively, in 2022, the company recorded total emissions of about 20,487,000 kg CO2e, with Scope 2 emissions remaining consistent at 18,107,000 kg CO2e. The absence of Scope 1 emissions has been a consistent trend in their reporting. Despite these figures, Chinese Estates Holdings has not established specific reduction targets or initiatives, as indicated by the lack of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s climate strategy appears to be in its early stages, with no significant pledges or commitments to reduce emissions disclosed. Overall, while Chinese Estates Holdings has made strides in transparency regarding its emissions data, the absence of reduction targets highlights an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
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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 |
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.
