Cifi Holdings

Cifi Holdings, headquartered in China, reported significant carbon emissions in recent years. In 2021, the company emitted approximately 11,512,710 kg CO2e, with the majority of these emissions (about 11,214,820 kg CO2e) classified under Scope 2, indicating indirect emissions from purchased electricity. In 2020, emissions were notably higher at around 23,556,330 kg CO2e, with Scope 1 emissions at approximately 1,104,170 kg CO2e and Scope 2 emissions contributing the bulk of the total. The 2019 emissions were recorded at about 4,490,330 kg CO2e, with Scope 1 emissions at approximately 1,098,430 kg CO2e and Scope 2 emissions at around 3,391,890 kg CO2e. Despite these figures, Cifi Holdings has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of emissions data for 2022 and 2023 suggests a potential shift in reporting or a focus on other climate commitments. The company has indicated a greenhouse gas emission intensity of about 40.0 tonnes CO2e per square metre in recent reports, reflecting their ongoing efforts to monitor and manage emissions intensity. Overall, while Cifi Holdings has made strides in emissions reporting, the lack of defined reduction targets highlights an area for potential improvement in their climate strategy.