Itc Properties Sustainability Profile
ITC Properties, also known as ITC, is a prominent player in the real estate development sector, headquartered in Hong Kong. Established in 2000, the company has made significant strides in the industry, focusing on residential, commercial, and mixed-use developments across major operational regions in Asia. With a commitment to quality and innovation, ITC Properties offers unique services that include property investment, project management, and urban redevelopment. The company is recognised for its sustainable practices and has achieved notable milestones, including several prestigious awards for design excellence. As a leader in the property market, ITC Properties continues to enhance its reputation through strategic partnerships and a robust portfolio, positioning itself as a trusted name in the competitive landscape of real estate development.
DitchCarbon Score
How does Itc Properties'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
Itc Properties's score of 24 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Itc Properties's reported carbon emissions
In 2023, ITC Properties reported total carbon emissions of approximately 390,200 kg CO2e, comprising 154,550 kg CO2e from Scope 2 and 235,650 kg CO2e from Scope 3 emissions. Notably, there is no data available for Scope 1 emissions. Comparatively, in 2022, the company recorded total emissions of approximately 1,662,520 kg CO2e, with 56,090 kg CO2e from Scope 1, 1,454,350 kg CO2e from Scope 2, and 152,080 kg CO2e from Scope 3. This indicates a significant reduction in total emissions from 2022 to 2023. ITC Properties has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent organisation, ensuring that its reported figures reflect its own operational impact. Overall, while ITC Properties has made strides in reducing its emissions, the lack of formal climate commitments or reduction targets suggests an opportunity for further engagement in sustainability practices.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 77,920 | 00,000 | 00,000 | 00,000 | - |
| Scope 2 | 2,909,720 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 272,940 | 000,000 | 000,000 | 000,000 | 000,000 |
How Carbon Intensive is Itc Properties's Industry?
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Itc Properties'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.
Itc Properties 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.
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