Hip Shing Hong Development Co., Ltd.
Hip Shing Hong Development Co., Ltd., commonly referred to as Hip Shing Hong, is a prominent player in the construction and property development industry, headquartered in Hong Kong. Established in 1945, the company has built a solid reputation for its commitment to quality and innovation, marking significant milestones throughout its history. With a focus on residential, commercial, and industrial projects, Hip Shing Hong offers a diverse range of services, including property management and investment. Their unique approach combines modern design with sustainable practices, setting them apart in a competitive market. Recognised for their excellence, Hip Shing Hong has received numerous awards, solidifying their position as a leader in the Hong Kong real estate sector. Their dedication to delivering exceptional value continues to drive their success across major operational regions in Asia.
DitchCarbon Score
How does Hip Shing Hong Development Co., Ltd.'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 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
Hip Shing Hong Development Co., Ltd.'s score of 6 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hip Shing Hong Development Co., Ltd.'s reported carbon emissions
In 2018, Hip Shing Hong Development Co., Ltd. reported a significant reduction in greenhouse gas emissions, achieving a decrease of approximately 23.8% in GHG emissions since 2005, excluding Lee Garden Three from the calculations. This reduction reflects their commitment to energy efficiency and sustainability. The company has set long-term climate commitments, aiming for net-zero emissions for both Scope 1 and Scope 2 by 2050, as part of their strategy to combat climate change and enhance resilience. While specific emissions data for Scope 1 and Scope 2 are not disclosed, the company has demonstrated a proactive approach to reducing energy consumption, with a reported reduction of about 11.3% in energy use by the end of 2018. Hip Shing Hong's initiatives align with industry standards for climate action, showcasing their dedication to environmental stewardship.
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.
Hip Shing Hong Development Co., Ltd. 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.
