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 22 is lower than 79% 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 2021, Cifi Holdings reported Scope 2 emissions of approximately 11,214,820 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data for that year. In 2020, Cifi Holdings reported Scope 1 emissions of about 1,104,170 kg CO2e and Scope 2 emissions of approximately 4,037,550 kg CO2e, resulting in a combined total of about 5,141,720 kg CO2e for Scope 1 and 2. For 2019, the reported Scope 1 emissions were approximately 1,098,430 kg CO2e, with Scope 2 emissions at about 3,391,890 kg CO2e, leading to a total of around 4,490,330 kg CO2e for Scope 1 and 2. Cifi Holdings has not set any specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in terms of its climate reporting. Overall, Cifi Holdings's emissions data reflects a focus on Scope 2 emissions, with no significant commitments or targets outlined for future reductions.
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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.
Shanghai Sansheng Hongye Investment (Group) Co., Ltd.
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