Cifi Holdings
Cifi Holdings Group Co., Ltd., commonly known as Cifi Holdings, is a prominent player in the real estate industry, headquartered in China (CN). Founded in 2000, the company has established a strong presence in major operational regions across the country, focusing on residential and commercial property development. Cifi Holdings is renowned for its commitment to quality and innovation, offering a diverse portfolio of properties that cater to various market segments. The company has achieved significant milestones, including recognition for its sustainable development practices and customer-centric approach. With a solid market position, Cifi Holdings continues to expand its influence, making it a key contributor to China's evolving urban landscape.
DitchCarbon Score
How does Cifi 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 Other Services 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
Cifi Holdings's score of 19 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cifi Holdings's reported carbon emissions
In 2023, Cifi Holdings, headquartered in China (CN), reported a greenhouse gas emission intensity of approximately 40.0 kg CO2e per square metre of gross floor area (GFA). This figure reflects their commitment to monitoring and managing emissions, although specific total emissions data for Scope 1, 2, and 3 are not disclosed for this year. In 2022, the company maintained the same emission intensity of about 40.0 kg CO2e per square metre of GFA, indicating a consistent approach to emissions management. The previous year, 2021, saw Cifi Holdings report total Scope 2 emissions of approximately 11,214,820 kg CO2e, showcasing their efforts to address indirect emissions from purchased electricity. Cifi Holdings has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a need for further commitment in this area. The absence of disclosed reduction targets may reflect the broader industry context, where many companies are still developing comprehensive climate strategies. Overall, while Cifi Holdings has established a baseline for emissions intensity, the lack of detailed emissions data and reduction commitments highlights an opportunity for the company to enhance its climate action framework and align with industry best practices.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 1,098,430 | - | - |
| Scope 2 | 3,391,890 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Cifi 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.
