Cifi, officially known as Cifi Holdings Group Co., Ltd., is a prominent player in the real estate industry, headquartered in Pennsylvania (PA). Founded in 2000, the company has established a strong presence in major operational regions across China, focusing on residential and commercial property development. Cifi is renowned for its innovative approach to urban development, offering a diverse portfolio of high-quality properties that cater to various market segments. The company’s commitment to sustainability and design excellence sets it apart in a competitive landscape. With a solid market position, Cifi has achieved significant milestones, including numerous awards for its architectural designs and community-focused projects. As a leader in the real estate sector, Cifi continues to shape urban living through its unique offerings and strategic vision.
How does Cifi'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.
Cifi's score of 22 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Cifi reported total carbon emissions of approximately 40,006,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 39,909,000 kg CO2e. The company's Scope 1 and 2 emissions combined were approximately 96,940 kg CO2e. Over the years, Cifi has shown a trend of decreasing emissions, with total emissions dropping from about 58,483,000 kg CO2e in 2021 and 96,115,000 kg CO2e in 2020. The Scope 1 emissions have also decreased from approximately 119,290 kg CO2e in 2020 to about 51,170 kg CO2e in 2021, and further down to approximately 96,940 kg CO2e in 2022. Despite these reductions, Cifi has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of documented reduction initiatives suggests that while the company is making progress in reducing its emissions, it may not have formalised its climate commitments within the industry context. Cifi's headquarters is located in Pennsylvania (PA), and its emissions data reflects a global operational footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 380,000 | 000,000 | 00,000 | - |
Scope 2 | - | 00,000,000 | 00,000,000,000 | - |
Scope 3 | 176,482,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Cifi is not committed to any reduction initiatives 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.