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 87% 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 that year is not disclosed. The company has shown a commitment to monitoring its carbon footprint, with emissions data available for previous years. In 2021, Cifi Holdings reported Scope 2 emissions of about 11,214,820 kg CO2e, while in 2020, Scope 2 emissions were approximately 23,556,330 kg CO2e. The 2020 data also includes Scope 1 emissions of about 1,104,170 kg CO2e, leading to a combined total of approximately 5,141,720 kg CO2e for Scope 1 and 2. Cifi Holdings has not set specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) targets reported. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting and climate strategies. Overall, while Cifi Holdings is actively tracking its emissions, further commitments and reduction strategies appear to be necessary to align with industry standards for climate action.
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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 | - | - | - |
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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.
