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Public Profile
Financial Intermediation
HK
updated a month ago

Chinese Estates Holdings Sustainability Profile

Company website

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.

24

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.

32

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.

30%

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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 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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
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?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chinese Estates Holdings's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Chinese Estates Holdings's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Chinese Estates Holdings is in HK, which we do not have grid emissions data for.

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

2023
Business Travel
100%

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Chinese Estates Holdings's Emissions with Industry Peers

Frasers Property Limited

SG
•
Real estate services (70)
Updated 10 days ago

Sunac China Holdings

CN
•
Real estate services (70)
Updated 5 days ago

China Resources Land

CN
•
Research and development services (73)
Updated 12 days ago

Brookfield Properties

US
•
Real estate services (70)
Updated 5 days ago

Lendlease Group

AU
•
Real estate services (70)
Updated 5 days ago

Longfor

CN
•
Real estate services (70)
Updated about 11 hours ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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