Hon Kwok Land Investment Sustainability Profile
Hon Kwok Land Investment Company, Limited, commonly known as Hon Kwok, is a prominent player in the real estate and land investment sector, headquartered in Hong Kong (HK). Established in 1967, the company has built a strong reputation for its strategic investments and development projects across major operational regions, including Mainland China and Hong Kong. Specialising in property development, investment, and management, Hon Kwok distinguishes itself through its commitment to quality and innovation. The company has achieved significant milestones, including the successful completion of various high-profile projects that enhance urban landscapes. With a robust market position, Hon Kwok continues to be recognised for its contributions to the industry, making it a trusted name in real estate investment and development.
DitchCarbon Score
How does Hon Kwok Land Investment'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
Hon Kwok Land Investment's score of 19 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hon Kwok Land Investment's reported carbon emissions
In 2023, Hon Kwok Land Investment reported total carbon emissions of approximately 14,792,000 kg CO2e from Scope 1 and Scope 2 sources, with Scope 1 emissions at about 62,000 kg CO2e and Scope 2 emissions at approximately 14,720,000 kg CO2e. The company has disclosed emissions data for these scopes, indicating a commitment to transparency in its environmental impact. For the previous year, 2022, the emissions were slightly higher, with Scope 1 at about 60,000 kg CO2e and Scope 2 at approximately 16,907,000 kg CO2e. This reflects a notable reduction in Scope 2 emissions, suggesting effective measures to decrease energy consumption or improve energy efficiency. Hon Kwok Land Investment has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company operates under the corporate family of Hon Kwok Land Investment Company, Limited, with emissions data cascaded from its parent company, Chinney Investments, Limited, at a cascade level of 1. The GHG emission intensity for offices was reported at 40.1 kg CO2e per m² for 2023, while property management emissions intensity was approximately 16.5 kg CO2e per unit of revenue. These metrics provide insight into the company's operational efficiency and environmental performance. Overall, while Hon Kwok Land Investment has made strides in emissions reporting and reduction, further commitments and targets would enhance its climate strategy and align with global sustainability goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 24,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 8,857,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Hon Kwok Land Investment's Industry?
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Hon Kwok Land Investment'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.
Hon Kwok Land Investment 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.
