Esr, officially known as ESR Cayman Limited, is a leading logistics and real estate investment firm headquartered in Hong Kong. Founded in 2011, the company has rapidly expanded its footprint across Asia-Pacific, with significant operations in China, Japan, South Korea, and Australia. Specialising in the development and management of logistics and industrial properties, Esr stands out for its innovative approach to sustainable design and technology integration. With a robust portfolio that includes state-of-the-art warehouses and distribution centres, Esr has established itself as a key player in the logistics sector. The company has achieved notable milestones, including its successful listing on the Hong Kong Stock Exchange in 2019. Recognised for its commitment to excellence, Esr continues to drive growth and set industry standards in the logistics real estate market.
How does Esr'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.
Mean score of companies in the Real Estate 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.
Esr's score of 35 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, ESR reported total carbon emissions of approximately 198,549,000 kg CO2e, with Scope 1 emissions at about 12,927,000 kg CO2e and Scope 2 emissions at approximately 185,622,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 248,290,000 kg CO2e, with Scope 1 emissions of approximately 14,726,000 kg CO2e and Scope 2 emissions of around 233,564,000 kg CO2e. ESR's emissions data is sourced from ESR Group Limited, and there are currently no disclosed Scope 3 emissions. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. In previous years, ESR's emissions were also significant, with 2022 total emissions reaching about 278,070,000 kg CO2e globally, comprising approximately 13,850,000 kg CO2e in Scope 1 and around 264,220,000 kg CO2e in Scope 2. The company has shown a trend of reducing its emissions over the years, which is a positive step towards its climate commitments. Overall, ESR's headquarters in Hong Kong is part of a broader commitment to sustainability, although specific reduction initiatives and targets remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 232,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
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.
Esr 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.
