Harbour Centre Development Sustainability Profile
Harbour Centre Development, often referred to as Harbour Centre, is a prominent player in the real estate and property management industry, headquartered in Hong Kong (HK). Established in 1979, the company has made significant strides in developing and managing a diverse portfolio of commercial and residential properties across major operational regions in Asia. Specialising in property investment, development, and management, Harbour Centre is recognised for its innovative approach and commitment to quality. The company’s flagship projects, including the iconic Harbour Centre in Tsim Sha Tsui, exemplify its dedication to creating unique spaces that enhance urban living. With a strong market position, Harbour Centre Development continues to achieve notable milestones, solidifying its reputation as a leader in the competitive real estate landscape.
DitchCarbon Score
How does Harbour Centre 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 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
Harbour Centre Development's score of 43 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Harbour Centre Development's reported carbon emissions
In 2024, Harbour Centre Development, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 2,205,000,000 kg CO2e. This figure includes 43,835,000 kg CO2e from Scope 1 emissions, 205,935,000 kg CO2e from Scope 2 (market-based), and a significant 1,774,722,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals substantial contributions from categories such as the use of sold products (793,540,000 kg CO2e) and downstream leased assets (333,633,000 kg CO2e). In 2023, the company recorded total emissions of about 45,827,000 kg CO2e for Scope 1 and 210,896,000 kg CO2e for Scope 2 (market-based), with minimal Scope 3 emissions of 209,000 kg CO2e, primarily from business travel. The 2022 data shows similar trends, with Scope 1 emissions at 40,751,000 kg CO2e and Scope 2 emissions at 212,262,000 kg CO2e. Despite the significant emissions figures, Harbour Centre Development has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is not cascaded from a parent organisation, ensuring that the reported figures are solely reflective of its operations. Overall, Harbour Centre Development's emissions profile highlights the need for enhanced climate commitments and strategies to address its substantial carbon footprint, particularly in Scope 3 emissions, which represent the largest share of its total emissions.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,208,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 16,200,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000 | 000,000 | 0,000,000,000 |
How Carbon Intensive is Harbour Centre Development's Industry?
How Carbon Intensive is Harbour Centre Development's Location?
Harbour Centre Development's Scope 3 Categories Breakdown
Harbour Centre Development's Scope 3 emissions, which increased significantly last year and increased significantly since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 45% of Scope 3 emissions.
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Harbour Centre Development's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Harbour Centre Development has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
