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). This figure reflects their commitment to monitoring and managing emissions, although specific total emissions data for Scope 1, 2, and 3 are not disclosed for this year. In 2022, the company maintained the same emission intensity of about 40.0 kg CO2e/sq.m. GFA, indicating a consistent approach to emissions management. The previous year, 2021, saw Cifi Holdings report total Scope 2 emissions of approximately 11,214,820 kg CO2e, while in 2020, Scope 2 emissions were higher at about 23,556,330 kg CO2e. In 2019, the company disclosed both Scope 1 and Scope 2 emissions, totalling approximately 4,490,330 kg CO2e, with Scope 1 emissions at about 1,098,430 kg CO2e and Scope 2 emissions at about 3,391,890 kg CO2e. Despite these figures, Cifi Holdings has not set specific reduction targets or climate pledges, nor do they have any SBTi (Science Based Targets initiative) reduction targets. The company does not appear to inherit emissions data from a parent organisation, as indicated by their independent reporting status. Overall, Cifi Holdings is actively engaged in tracking their emissions intensity, but further commitments or reduction initiatives have not been publicly outlined.
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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.
