Hongkong Land Holdings Limited, commonly known as Hongkong Land, is a leading property investment, management, and development company headquartered in Hong Kong. Established in 1889, the firm has built a strong reputation in the real estate industry, primarily operating across Asia, with significant interests in Hong Kong, Singapore, and mainland China. Specialising in premium commercial and residential properties, Hongkong Land is renowned for its iconic developments, including the prestigious Landmark in Central Hong Kong. The company’s commitment to quality and sustainability sets it apart in a competitive market, ensuring it remains a key player in the region. With a robust portfolio and a focus on long-term value creation, Hongkong Land continues to achieve notable milestones, solidifying its position as a trusted name in the property sector.
How does Hongkong Land'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.
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.
Hongkong Land's score of 38 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hongkong Land reported total carbon emissions of approximately 134,000,000 kg CO2e, comprising 2,107,000 kg CO2e from Scope 1 and 131,173,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions were significant, with 794,169,000 kg CO2e attributed to capital goods and 673,581,000 kg CO2e from purchased goods and services. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030, using 2019 as the base year. Furthermore, Hongkong Land is targeting a 22% reduction in Scope 3 emissions related to purchased goods and services and capital goods per square metre of new built area within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Overall, Hongkong Land is actively working towards significant emissions reductions while enhancing its sustainability practices in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 767,000 | 000,000 | 000,000 | 000,000 | 000,000 | - | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 43,707,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 000,000,000 | 0,000,000,000 |
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.
Hongkong Land is committed to some 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.