Far East Consortium Sustainability Profile
Far East Consortium International Limited, commonly known as FEC, is a prominent property development and investment firm headquartered in Hong Kong. Established in 1972, the company has expanded its operations across key regions, including Australia, the United Kingdom, and Malaysia, solidifying its presence in the global real estate market. FEC specialises in residential, commercial, and hospitality projects, offering unique developments that blend innovative design with sustainable practices. The company is recognised for its commitment to quality and excellence, having achieved significant milestones such as successful joint ventures and landmark projects that enhance urban landscapes. With a strong market position, Far East Consortium has garnered accolades for its contributions to the industry, making it a trusted name in property development. Its strategic focus on creating vibrant communities sets it apart in a competitive landscape.
DitchCarbon Score
How does Far East Consortium'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 Business 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.
Industry Benchmark
Far East Consortium's score of 31 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Far East Consortium's reported carbon emissions
In 2023, Far East Consortium, headquartered in Hong Kong, reported total carbon emissions of approximately 48,549,600 kg CO2e. This figure includes 7,457,000 kg CO2e from Scope 1 emissions, 40,770,100 kg CO2e from Scope 2 emissions, and 322,500 kg CO2e from Scope 3 emissions. The previous year, 2022, saw total emissions of about 32,866,700 kg CO2e, with Scope 1 at 5,960,000 kg CO2e, Scope 2 at 26,738,800 kg CO2e, and Scope 3 at 167,900 kg CO2e. Over the years, the company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The emissions data is sourced directly from Far East Consortium International Limited, with no cascaded data from parent or related organizations. The company has reported emissions intensity metrics, such as 0.00078 kg CO2e per square foot in 2023, indicating a focus on improving efficiency alongside its emissions reporting. However, as of now, there are no specific science-based targets (SBTi) or climate pledges outlined in their documentation. Overall, while Far East Consortium has made strides in emissions reporting, further clarity on reduction initiatives and commitments would enhance its sustainability profile.
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| 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 31,122,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 22,566,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000 | 000,000 | 000,000 | 000,000 |
How Carbon Intensive is Far East Consortium's Industry?
How Carbon Intensive is Far East Consortium's Location?
Far East Consortium'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.
Far East Consortium 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.
