Far East Holdings International Limited, commonly referred to as Far East Holdings, is a prominent player in the investment and property development sector, headquartered in Hong Kong. Established in 1967, the company has evolved significantly, focusing on diverse business areas including real estate, infrastructure, and financial investments across Asia. With a strong presence in key operational regions, Far East Holdings is recognised for its innovative approach to property development and investment strategies. The company offers a unique portfolio of services, including property management and development, which distinguishes it in a competitive market. Notable achievements include successful large-scale projects that have solidified its market position as a leader in the industry. Far East Holdings continues to drive growth and innovation, making it a significant contributor to the economic landscape of Hong Kong and beyond.
How does Far East Holdings International Limited'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.
Far East Holdings International Limited's score of 9 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Far East Holdings International Limited, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 5,700 kg CO2e. This figure includes 5,500 kg CO2e from Scope 2 emissions, primarily related to purchased electricity, and 200 kg CO2e from Scope 3 emissions, which encompass indirect emissions from the company's value chain. Notably, there were no reported Scope 1 emissions. Comparatively, in 2023, the company recorded total emissions of about 6,900 kg CO2e, with 6,700 kg CO2e from Scope 2 and 200 kg CO2e from Scope 3. This indicates a reduction of approximately 1,200 kg CO2e in total emissions year-on-year. Despite these figures, Far East Holdings International Limited has not set specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organization. The company has not disclosed any climate pledges or commitments to the Science Based Targets initiative (SBTi) or other climate frameworks. Overall, while the company has demonstrated a decrease in emissions, further commitments and structured reduction targets would enhance its climate strategy and accountability.
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 Holdings International Limited 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.