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 25 is higher than 65% 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 12,425,000 kg CO2e, comprising 289,000 kg CO2e from Scope 1 and 12,136,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from previous years, particularly from 2022, where total emissions were about 10,556,700 kg CO2e. In 2022, Guoco's emissions included 4,861,200 kg CO2e from Scope 1 and 5,695,500 kg CO2e from Scope 2. The company has shown a consistent effort to lower its carbon footprint, with a notable decrease in Scope 1 emissions from 17,485,000 kg CO2e in 2020 to the current figure. Despite the absence of specific reduction targets or climate pledges, Guoco's commitment to reducing emissions is evident in its annual reporting and transparency regarding its carbon footprint. The company continues to focus on improving its operational efficiency and reducing greenhouse gas emissions in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
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 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 | 00,000,000 | - | - | - | - |
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 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.