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 29 is lower than 53% 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 35,978,000 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. This data reflects a comprehensive disclosure of emissions across all relevant scopes, indicating a commitment to transparency in their environmental impact. Cmsc's emissions have shown fluctuations over the years, with a total of approximately 29,138,000 kg CO2e in 2022 and about 15,748,000 kg CO2e in 2021. The company has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a potential area for future development in their climate strategy. The emissions data is not cascaded from a parent organization, indicating that Cmsc operates independently in its reporting. The company is headquartered in Hong Kong and is part of the broader context of the financial services industry, which is increasingly focusing on sustainability and carbon reduction commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,578,970 | 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.
