Green Economy Development
Green Economy Development, headquartered in Hong Kong, is a pioneering force in the sustainable development sector. Founded in 2010, the company has established itself as a leader in renewable energy solutions and eco-friendly technologies, primarily operating across Asia and the Pacific regions. Specialising in solar energy systems, energy efficiency consulting, and waste management solutions, Green Economy Development distinguishes itself through innovative approaches that prioritise environmental sustainability. The company has achieved significant milestones, including partnerships with local governments and recognition for its contributions to green infrastructure. With a strong market position, Green Economy Development is committed to driving the transition towards a low-carbon economy, making it a key player in the green economy landscape. Its dedication to sustainable practices and community engagement underscores its reputation as a trusted partner in environmental stewardship.
DitchCarbon Score
How does Green Economy Development'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
Green Economy Development's score of 10 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Green Economy Development's reported carbon emissions
In 2023, Green Economy Development reported total carbon emissions of approximately 396,080 kg CO2e. This figure includes 208,450 kg CO2e from Scope 1 emissions, primarily from direct operations, and 156,140 kg CO2e from Scope 2 emissions, which are associated with purchased electricity. Additionally, Scope 3 emissions accounted for about 31,490 kg CO2e, reflecting indirect emissions from the supply chain. The previous year, 2022, saw a significant reduction in total emissions to approximately 238,560 kg CO2e, down from about 1,153,160 kg CO2e in 2021. This reduction highlights a substantial decrease in emissions across all scopes, particularly in Scope 1 and Scope 2, where emissions dropped significantly. Despite these reductions, Green Economy Development has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). Their ongoing efforts in carbon management and climate commitments remain to be detailed further.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,035,210 | 00,000 | 000,000 |
| Scope 2 | 94,070 | 000,000 | 000,000 |
| Scope 3 | 23,880 | 00,000 | 00,000 |
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.
Green Economy Development is not committed to any reduction initiatives 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.
