Guoco
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Guoco's score of 27 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Guoco's reported carbon emissions
In 2023, Guoco reported total carbon emissions of approximately 12,425,000 kg CO2e, comprising about 289,000 kg CO2e from Scope 1 and about 12,136,000 kg CO2e from Scope 2. This marks a significant reduction from previous years, particularly from 2021, when total emissions were about 49,061,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, achieving a notable decrease in emissions over the years. For instance, emissions in 2022 were about 10,556,700 kg CO2e, down from approximately 61,489,000 kg CO2e in 2020. Guoco has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the trend in their emissions data suggests a proactive approach to climate commitments, focusing on reducing both Scope 1 and Scope 2 emissions. Overall, Guoco's emissions data reflects a positive trajectory towards sustainability, with a clear focus on minimising their environmental impact as part of their corporate responsibility strategy.
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| 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 15,889,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| 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 | - | - | - | - | - | - | - |
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.
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.
