Hiap Hoe Limited Sustainability Profile
Hiap Hoe Limited, a prominent player in the real estate and construction industry, is headquartered in Singapore (SG). Founded in 1989, the company has established a strong presence in the Asia-Pacific region, focusing on property development, construction, and investment. Hiap Hoe is renowned for its commitment to quality and innovation, delivering residential, commercial, and mixed-use developments that stand out in the competitive market. With a portfolio that includes notable projects across Singapore, Hiap Hoe Limited has achieved significant milestones, including recognition for its sustainable building practices. The company’s unique approach combines modern design with functionality, catering to the evolving needs of urban living. As a trusted name in the industry, Hiap Hoe continues to enhance its market position through strategic partnerships and a dedication to excellence in every project.
DitchCarbon Score
How does Hiap Hoe Limited'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
Hiap Hoe Limited's score of 47 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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Hiap Hoe Limited's reported carbon emissions
In 2024, Hiap Hoe Limited reported total carbon emissions of approximately 10,301,000 kg CO2e. This figure includes Scope 1 emissions of about 403,000 kg CO2e, primarily from stationary combustion, Scope 2 emissions of around 6,218,000 kg CO2e, and Scope 3 emissions totalling about 3,680,000 kg CO2e. Comparatively, in 2023, the company’s total emissions were about 8,827,000 kg CO2e, with Scope 1 at approximately 496,000 kg CO2e, Scope 2 at around 5,399,000 kg CO2e, and Scope 3 at about 2,932,000 kg CO2e. This indicates a significant increase in emissions from 2023 to 2024. In 2022, Hiap Hoe Limited's total emissions were reported at approximately 9,286,000 kg CO2e, with Scope 1 emissions of about 508,000 kg CO2e, Scope 2 emissions of around 5,714,000 kg CO2e, and Scope 3 emissions of approximately 3,064,000 kg CO2e. Despite the increase in emissions, there are currently no specific reduction targets or climate pledges disclosed by Hiap Hoe Limited. The company is a current subsidiary of a corporate family, and emissions data is cascaded from Hiap Hoe Limited itself, with no additional data inherited from a parent organization. Overall, Hiap Hoe Limited's emissions data reflects its operational impact, but the absence of defined reduction initiatives highlights an area for potential improvement in its climate commitments.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 508,000 | 000,000 | 000,000 |
| Scope 2 | 5,714,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,064,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Hiap Hoe Limited's Industry?
How Carbon Intensive is Hiap Hoe Limited's Location?
Hiap Hoe Limited'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.
Hiap Hoe Limited 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.
