Far East Consortium
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 34 is higher than 88% 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 reported total carbon emissions of approximately 48,549,500 kg CO2e, comprising 7,456,900 kg CO2e from Scope 1, 40,770,200 kg CO2e from Scope 2, and 322,400 kg CO2e from Scope 3 emissions. This marked an increase from the previous year's total emissions of about 32,866,700 kg CO2e in 2022. The company has disclosed emissions data across all three scopes (1, 2, and 3) for the years 2019 to 2024. Notably, in 2021, Far East Consortium achieved a significant reduction in Scope 2 emissions, dropping to 1,275,100 kg CO2e from 25,654,700 kg CO2e in 2020. However, the overall emissions increased in subsequent years, indicating a need for enhanced climate strategies. Despite the fluctuations in emissions, there are currently no specific reduction targets or climate pledges documented, which suggests that while the company is tracking its emissions, it may not have formalised commitments to reduce them in line with industry standards or frameworks such as the Science Based Targets initiative (SBTi). Far East Consortium's emissions intensity metrics indicate a focus on improving efficiency, but further commitments to reduction initiatives would strengthen their climate action profile.
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| 2018 | 2019 | 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 | 0,000,000 |
| Scope 2 | 22,566,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000 | 000,000 | 0,000 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
