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Guoco, officially known as Guoco Group Limited, is a prominent investment holding company headquartered in Hong Kong. Founded in 1976, Guoco has established a strong presence across Asia, particularly in Hong Kong, Singapore, and Malaysia, focusing on diverse sectors such as property development, hospitality, and financial services. The company is renowned for its unique approach to integrated property development and investment, with flagship projects that exemplify innovation and sustainability. Guoco's notable achievements include its strategic investments in high-value real estate and its commitment to enhancing urban living through quality developments. As a key player in the Asian market, Guoco continues to solidify its reputation for excellence and forward-thinking in the competitive landscape of investment and property management.
How does Guoco'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 Financial Intermediation 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.
Guoco's score of 24 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Guoco reported total carbon emissions of approximately 53,321,400 kg CO2e, comprising 21,277,200 kg CO2e from Scope 1 and 32,044,200 kg CO2e from Scope 2. This marked a significant increase from 2022, where total emissions were about 58,874,900 kg CO2e, with Scope 1 contributing 20,043,500 kg CO2e and Scope 2 at 38,831,400 kg CO2e. Guoco's emissions data is not cascaded from a parent company, and there are currently no disclosed Scope 3 emissions. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The GHG intensity for Scope 1 and 2 emissions in 2023 was approximately 0.0062 tCO2e per NZD revenue and 21.0 tCO2e per square metre of gross floor area. These metrics indicate the company's emissions relative to its financial performance and operational scale. Overall, Guoco's commitment to addressing climate change remains unclear, as no formal reduction targets or climate pledges have been established.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 15,889,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 7,840,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - | - |
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.
Guoco 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.