Country Garden Holdings Company Limited, commonly known as Country Garden, is a prominent player in the real estate services industry, headquartered in Hong Kong. Founded in 1992, the company has established a strong presence across major operational regions, particularly in mainland China, where it focuses on residential property development and management.
With a commitment to quality and innovation, Country Garden offers a diverse range of services, including property development, construction, and real estate investment. The company is renowned for its large-scale residential projects and sustainable development practices, setting it apart in a competitive market.
As one of the largest property developers in China, Country Garden has achieved significant milestones, including numerous awards for excellence in construction and design. Its market position reflects a dedication to enhancing living standards and creating vibrant communities, making it a leader in the real estate sector.
-21 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 17% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Country Garden's reported carbon emissions
Country Garden, an organisation in the Real estate services (70) industry with its headquarters in HK, reported its carbon emissions for several years.
In 2022, the company's Scope 1 emissions were approximately 3,236,520 kg CO2e, and its Scope 2 emissions were approximately 111,191,220 kg CO2e. This brings the total for Scope 1 and 2 emissions in 2022 to approximately 114,427,740 kg CO2e.
For 2021, Scope 1 emissions were approximately 23,175,910 kg CO2e, and Scope 2 emissions were approximately 465,865,220 kg CO2e, resulting in a combined total of approximately 489,041,130 kg CO2e for Scope 1 and 2.
In 2020, Country Garden's Scope 1 emissions were approximately 27,178,980 kg CO2e, with Scope 2 emissions at approximately 449,743,120 kg CO2e. The combined total for Scope 1 and 2 for this year was approximately 476,922,100 kg CO2e.
For 2019, Scope 1 emissions were approximately 23,638,200 kg CO2e, and Scope 2 emissions were approximately 526,767,270 kg CO2e, totalling approximately 550,405,470 kg CO2e for Scope 1 and 2.
Country Garden has not disclosed Scope 3 emissions data for these years.
Regarding climate commitments, Country Garden has set a target to reduce its absolute on-balance sheet financed emissions by 70% by 2030. This target is relative to a re-baselined 2020 figure of 4.7 million tonnes of carbon dioxide equivalent (Mt CO2e). This commitment pertains to Scope 1 emissions and is an absolute reduction target for the near term. The company's reporting indicates it is currently on track to meet this two-year target.
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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.
See all 1 climate goals
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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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