Cifi Holdings Sustainability Profile
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 73% 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 reported a greenhouse gas emission intensity of approximately 40.0 kg CO2e per square metre, although specific total emissions data for the year is not disclosed. The company has not provided detailed emissions data for Scope 1, 2, or 3, indicating a lack of comprehensive reporting in these areas. In 2022, Cifi Holdings maintained the same emission intensity of about 40.0 kg CO2e per square metre, with no specific total emissions reported. The previous year, 2021, saw the company disclose Scope 2 emissions totalling approximately 11,214,820 kg CO2e, reflecting its energy consumption. For 2020, Cifi Holdings reported combined Scope 1 and 2 emissions of about 5,141,720 kg CO2e, with Scope 1 emissions at approximately 1,104,170 kg CO2e and Scope 2 emissions at around 4,037,550 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although no specific reduction targets or initiatives have been documented. Cifi Holdings does not currently have any Science-Based Targets Initiative (SBTi) reduction targets or formal climate pledges. The emissions data is not cascaded from any parent company, indicating that the figures are independently reported by Cifi Holdings (Group) Co. Ltd. Overall, while Cifi Holdings has made strides in emissions reporting, further transparency and commitment to reduction targets would enhance its climate strategy.
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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 | - | - | - |
How Carbon Intensive is Cifi Holdings's Industry?
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Cifi 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.
Cifi 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.
