Guocoland
Guocoland Limited, commonly referred to as Guocoland, is a prominent property development and investment company headquartered in Singapore (SG). Established in 1978, Guocoland has made significant strides in the real estate industry, focusing on residential, commercial, and hospitality sectors across Singapore, Malaysia, and China. With a diverse portfolio that includes iconic developments such as the Guoco Tower and the luxurious Martin Modern, Guocoland is renowned for its commitment to quality and innovative design. The company has consistently achieved notable milestones, including numerous awards for excellence in property development. As a key player in the market, Guocoland stands out for its sustainable practices and customer-centric approach, solidifying its reputation as a leader in the real estate landscape.
DitchCarbon Score
How does Guocoland'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
Guocoland's score of 24 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Guocoland's reported carbon emissions
In 2023, Guocoland reported total carbon emissions of approximately 168,000,000 kg CO2e, comprising 289,000 kg CO2e from Scope 1, 12,136,000 kg CO2e from Scope 2, and a significant 155,961,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, with all three scopes disclosed. For 2022, the emissions were slightly lower, with total emissions of about 66,829,600 kg CO2e, including 600 kg CO2e from Scope 1, 10,236,000 kg CO2e from Scope 2, and 65,829,000 kg CO2e from Scope 3. The increase in emissions from 2022 to 2023 highlights the challenges faced in reducing carbon footprints in the real estate sector. Guocoland's emissions data is cascaded from its parent company, Guoco Group Limited, indicating a corporate family relationship that influences its sustainability reporting. However, there are currently no specific reduction targets or climate pledges disclosed, suggesting that while emissions are tracked, formal commitments to reduction initiatives may not yet be established. Overall, Guocoland's emissions profile underscores the importance of transparency in corporate sustainability efforts, particularly in the context of the real estate industry, where Scope 3 emissions often dominate the carbon footprint.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 600 | 000,000 |
| Scope 2 | 10,236,000 | 00,000,000 |
| Scope 3 | 65,829,000 | 000,000,000 |
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.
Guocoland 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.
