Hysan Development
Hysan Development Company Limited, commonly known as Hysan, is a prominent property investment and development firm headquartered in Hong Kong (HK). Established in 1978, Hysan has made significant strides in the real estate industry, focusing on commercial, retail, and residential properties primarily in Hong Kong. The company is renowned for its innovative approach to urban development, with a portfolio that includes iconic landmarks such as Lee Gardens and Hysan Place. Hysan's commitment to sustainability and community engagement sets it apart in a competitive market, positioning it as a leader in the industry. With a strong emphasis on quality and design, Hysan continues to achieve notable milestones, reinforcing its status as a key player in Hong Kong's dynamic property landscape.
DitchCarbon Score
How does Hysan Development'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
Hysan Development's score of 35 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hysan Development's reported carbon emissions
Hysan Development, headquartered in Hong Kong, reported its carbon emissions for 2023, totalling approximately 36,593,000 kg CO2e from Scope 1 and 2 emissions, alongside 5,016,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in its climate impact, with a total of about 41,609,000 kg CO2e when combining Scope 1 and 2 emissions. In recent years, Hysan has demonstrated a proactive approach to reducing its carbon footprint. In 2020, the company recorded total emissions of approximately 35,376,000 kg CO2e, which included 23,000 kg CO2e from Scope 1 and 41,139,000 kg CO2e from Scope 2. By 2021, total emissions decreased to about 33,469,000 kg CO2e, indicating a positive trend in emission reduction efforts. Hysan Development has committed to achieving net-zero emissions by 2050, as part of its long-term strategy. This commitment encompasses all scopes of emissions, aligning with the Science Based Targets initiative (SBTi). The company is currently in the process of implementing strategies to meet its reduction targets, which are crucial for mitigating climate change impacts within the real estate sector. Overall, Hysan Development's ongoing efforts and commitments reflect a strong dedication to sustainability and responsible environmental stewardship in Hong Kong and beyond.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 23,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 41,139,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,781,000 | 0,000,000 | - | 0,000,000 |
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.
Hysan Development 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.
