Hiap Hoe Limited
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 31 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hiap Hoe Limited's reported carbon emissions
In 2023, Hiap Hoe Limited reported total carbon emissions of approximately 8,363,000 kg CO2e, comprising about 496,000 kg CO2e from Scope 1 and about 8,300,000 kg CO2e from Scope 2 emissions. This represents a slight decrease in Scope 1 emissions compared to 2022, where they were approximately 508,000 kg CO2e, while Scope 2 emissions also saw a reduction from about 8,816,000 kg CO2e. Over the past few years, Hiap Hoe's emissions have fluctuated, with 2022 showing the highest total emissions at approximately 8,816,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Hiap Hoe's emissions intensity, measured as kg CO2e per unit of revenue, has remained relatively stable, with values of approximately 75.0 kg CO2e per USD in 2023 and 74.7 kg CO2e per USD in 2022. This consistency suggests that while total emissions have varied, the company's operational efficiency in relation to revenue generation has not significantly changed. Overall, while Hiap Hoe Limited has made some progress in managing its carbon footprint, the absence of formal reduction targets highlights an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 151,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,807,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| 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.
Hiap Hoe Limited 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.
