Cmsc Sustainability Profile
Cmsc, officially known as China Merchants Shekou Industrial Zone Holdings Co., Ltd., is a prominent player in the real estate and urban development industry. Headquartered in Hong Kong, the company has established a significant presence across mainland China and other key regions. Founded in 1984, Cmsc has achieved numerous milestones, including the successful development of large-scale residential and commercial projects. Cmsc's core offerings encompass property development, investment, and management, with a unique focus on creating integrated urban communities. The company is recognised for its innovative approach to sustainable development and urban planning, setting it apart in a competitive market. With a strong market position, Cmsc has garnered accolades for its contributions to urbanisation and has become a trusted name in the industry.
DitchCarbon Score
How does Cmsc'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 Financial Intermediation 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
Cmsc's score of 32 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cmsc's reported carbon emissions
In 2023, Cmsc reported total carbon emissions of approximately 30,442,000 kg CO2e, comprising 724,000 kg CO2e from Scope 1, 29,719,000 kg CO2e from Scope 2, and 5,536,000 kg CO2e from Scope 3 emissions. The Scope 2 emissions primarily stem from purchased electricity, accounting for about 20,907,000 kg CO2e. Comparatively, in 2022, Cmsc's emissions were approximately 27,871,000 kg CO2e, with Scope 1 emissions at 973,000 kg CO2e, Scope 2 at 26,898,000 kg CO2e, and Scope 3 at 1,267,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023, particularly in Scope 2 emissions. Cmsc has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The emissions data is not cascaded from a parent company, and all figures are reported directly from Cmsc. Overall, Cmsc's emissions profile highlights the need for enhanced climate commitments and strategies to address its carbon footprint, particularly in Scope 2 emissions from electricity consumption.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,572,000 | 0,000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 18,107,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 |
How Carbon Intensive is Cmsc's Industry?
How Carbon Intensive is Cmsc's Location?
Cmsc's Scope 3 Categories Breakdown
Cmsc's Scope 3 emissions, which increased by 337% last year and increased by approximately 337% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 15% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Cmsc'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.
Cmsc 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.
