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 88% 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
In 2023, Hysan Development, headquartered in Hong Kong, reported total carbon emissions of approximately 36,593,000 kg CO2e, comprising 36,593,000 kg CO2e from Scope 1 and 34,839,000 kg CO2e from Scope 2, with an additional 5,016,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting across all scopes. Hysan has set ambitious climate commitments, including a long-term target to achieve net-zero emissions by 2050, as part of their Science Based Targets initiative (SBTi) commitment. This aligns with their broader sustainability goals within the real estate sector. The company has demonstrated a proactive approach to reducing its carbon footprint, with a focus on both operational efficiencies and sustainable practices. Over the years, Hysan has shown a commitment to reducing its greenhouse gas emissions, with reported emissions of 41,162,000 kg CO2e in 2020 and 38,470,000 kg CO2e in 2021, indicating a downward trend in emissions intensity. Their efforts are supported by ongoing initiatives aimed at enhancing energy efficiency and integrating sustainable technologies into their operations. Hysan Development's climate strategy reflects a robust commitment to sustainability, positioning the company as a leader in the real estate sector's transition towards a low-carbon future.
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| 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.
