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 reported a greenhouse gas emission intensity of approximately 40.0 kg CO2e per square metre of gross floor area (GFA), 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 emissions in recent years, indicating a lack of comprehensive reporting on their carbon footprint. In 2022, Cifi Holdings maintained the same emission intensity of about 40.0 kg CO2e per square metre of GFA, 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 their energy consumption. For 2020, Cifi Holdings reported Scope 1 emissions of about 1,104,170 kg CO2e and Scope 2 emissions of approximately 23,556,330 kg CO2e, leading to a combined total of around 5,141,720 kg CO2e for Scope 1 and 2 emissions. In 2019, the company reported Scope 1 emissions of about 1,098,430 kg CO2e and Scope 2 emissions of approximately 3,391,890 kg CO2e, with a total of around 4,490,330 kg CO2e for both scopes. Despite these figures, Cifi Holdings has not established specific reduction targets or climate pledges, nor have they cascaded any targets from parent company CIFI Holdings (Group) Co. Ltd. The absence of defined reduction initiatives suggests a need for enhanced climate commitments and transparency in emissions reporting.
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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.
