Country Garden Holdings Company Limited, commonly known as Country Garden, is a leading property development firm headquartered in Hong Kong. Established in 1992, the company has expanded its operations across major regions in China and internationally, focusing on residential and commercial real estate.
Specialising in large-scale integrated developments, Country Garden is renowned for its innovative approach to urban living, offering unique products such as smart homes and eco-friendly communities. The company has achieved significant milestones, including being listed on the Hong Kong Stock Exchange and consistently ranking among the top property developers in China.
With a commitment to quality and sustainability, Country Garden has solidified its market position through notable achievements, including numerous awards for excellence in design and construction. Its dedication to enhancing the living experience sets it apart in the competitive real estate industry.
-20 vs industry average
Country Garden’s score of 8 is lower than 14% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Country Garden's reported carbon emissions
Country Garden, headquartered in HK, has reported its greenhouse gas emissions for several years, primarily covering Scope 1 and Scope 2. **Emissions Overview:** * **2022:** The company reported Scope 1 emissions of approximately 3,236,520 kg CO2e and Scope 2 emissions of approximately 111,191,220 kg CO2e. * **2021:** Scope 1 emissions were approximately 23,175,910 kg CO2e, with Scope 2 emissions at approximately 465,865,220 kg CO2e. * **2020:** Scope 1 emissions were approximately 27,178,980 kg CO2e, and Scope 2 emissions were approximately 449,743,120 kg CO2e. * **2019:** Scope 1 emissions were approximately 23,638,200 kg CO2e, and Scope 2 emissions were approximately 526,767,270 kg CO2e. * **2018:** No specific Scope 1 or Scope 2 emissions data was disclosed for this year. Country Garden has not yet disclosed Scope 3 emissions data. **Climate Commitments and Reduction Targets:** Country Garden has set a significant climate commitment: * **Target:** Aims to reduce its absolute on-balance sheet financed emissions by 70% by 2030. * **Baseline:** This target is relative to a re-baselined 2020 figure of 4.7 million tonnes of carbon dioxide equivalent (Mt CO2e), which equates to approximately 4,700,000,000 kg CO2e. * **Scope:** This reduction applies to Scope 1 emissions. While the company is reporting emissions and has established reduction targets for Scope 1, further information on its broader climate strategy, including Scope 3 emissions and other potential initiatives, would provide a more comprehensive view of its decarbonisation efforts.
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Country Garden’s Climate Goals (2030 & 2050)
1 goal2030
70% reduction in Scope 1
We have set a target to reduce our absolute on-balance sheet financed emissions by 70% by 2030, relative to the re-baselined 2020 figure of…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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