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 25 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ESR reported total carbon emissions of approximately 248,290,000 kg CO2e, comprising about 14,730,000 kg CO2e from Scope 1 and about 233,560,000 kg CO2e from Scope 2 emissions. This marks a significant commitment to transparency in their emissions reporting, although no Scope 3 emissions data has been disclosed. In 2022, ESR's global emissions were approximately 278,070,000 kg CO2e, with Scope 1 emissions at about 13,850,000 kg CO2e and Scope 2 emissions at approximately 264,220,000 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. Despite the detailed emissions reporting, ESR has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. ESR's headquarters is located in Hong Kong, and their revenue for 2023 was approximately USD 850,957,000, reflecting their significant operational scale. The company continues to focus on improving its sustainability practices, although specific initiatives or targets for emissions reduction have not been outlined.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 12,300,000 | 00,000,000 | 0,000,000 | - | 00,000,000 | 00,000,000 |
Scope 2 | 12,300,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 12,300,000 | 00,000,000 | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Esr is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.