Far East Holdings International Limited Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
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Far East Holdings International Limited's reported carbon emissions
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 in the 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 established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organization, reflecting its independent reporting status. Overall, while the company has demonstrated a slight decrease in emissions, it currently lacks formal climate commitments or reduction strategies to further enhance its sustainability profile.
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| 2017 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 21,400 | 00,000 | 00,000 |
| Scope 2 | 18,600 | 0,000 | 00,000 |
| Scope 3 | 7,990 | 00,000 | 0,000 |
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Far East Holdings International Limited'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 Holdings International Limited 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.
