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.
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.
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.
Cifi Holdings's score of 12 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 to 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 at about 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 company has not provided emissions data for 2022 and 2023, which may indicate a shift in reporting or ongoing assessments of their climate impact. Overall, while Cifi Holdings has made strides in emissions reporting, further transparency regarding their climate commitments and reduction strategies would enhance their sustainability profile.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 1,098,430 | 0,000,000 | - |
Scope 2 | 3,391,890 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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 committed to any reduction initiatives 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.