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.
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.
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.
Far East Consortium's score of 34 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Far East Consortium, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 52,885,270 kg CO2e. This figure includes 9,897,000 kg CO2e from Scope 1 emissions, 42,770,240 kg CO2e from Scope 2 emissions, and 372,290 kg CO2e from Scope 3 emissions. The previous year, 2023, the company recorded total emissions of about 48,549,500 kg CO2e, with Scope 1 at 7,456,900 kg CO2e, Scope 2 at 40,770,200 kg CO2e, and Scope 3 at 322,400 kg CO2e. Over the years, Far East Consortium has demonstrated a commitment to reducing its carbon footprint. From 2022 to 2024, the total emissions increased, indicating a need for enhanced climate strategies. Notably, in 2022, the company reported total emissions of about 32,866,700 kg CO2e, with Scope 1 at 5,959,900 kg CO2e and Scope 2 at 26,738,900 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, the company is actively participating in climate reporting through the Carbon Disclosure Project (CDP) and has inherited emissions data from its parent company, Far East Consortium International Limited. The absence of Science-Based Targets Initiative (SBTi) commitments suggests that further action may be required to align with industry standards for climate action. Overall, while Far East Consortium has made strides in emissions reporting, the increasing trend in emissions highlights the importance of establishing concrete reduction targets and initiatives to mitigate climate impact effectively.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 31,122,000 | 0,000,000 | 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 | 00,000,000 |
Scope 3 | - | 000,000 | 000,000 | 000,000 | 000,000 | 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.
Far East Consortium 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.