Jardine Matheson

Jardine Matheson, headquartered in BM and operating in the Offices of Other Holding Companies industry, reported its latest carbon emissions data for 2025, with a total of approximately 5.71 billion kg CO2e for Scope 1 and Scope 2 emissions (market-based). For 2024, Scope 1 and 2 emissions were approximately 6.17 billion kg CO2e (market-based). In 2023, these emissions totalled approximately 6.20 billion kg CO2e (market-based). Scope 3 emissions data is not yet available.

Jardine Matheson is committed to ambitious climate action. While not all targets are cascaded from a parent organisation, the company is working towards a net-zero ambition by 2050. Specific reduction targets include:

• Hongkong Land, a business within the Jardine Matheson group, has Science-Based Targets (SBTi) approved by SBTi for its activities across Asia. By 2030, from a 2019 baseline, Hongkong Land has pledged a 46.2% absolute reduction in Scope 1 and 2 greenhouse gas (GHG) emissions and a 22% per square metre reduction in carbon intensity for Scope 3 GHG emissions.
• Jardine Matheson's sustainability strategy focuses on decarbonisation, with plans to achieve net-zero by 2050. There is an initial near-term focus on setting science-based Scope 1 and 2 carbon reduction targets for 2030.
• Some group businesses have set medium-term targets, such as a 30% reduction in emissions by 2030 compared to the 2019 baseline.
• Another target indicates a 45-60% reduction in Scope 1 & 2 emissions and a 20-50% reduction in Scope 3 emissions between 2030-2035, compared to a base year of 2018-2023.
• Specific to Hongkong Land, there are targets for a 50.4% reduction in Scope 1 and Scope 2 emissions by 2030, based on a 2018 base year.

Jardine Matheson's commitment extends to regional net-zero goals, including by 2050 in Hong Kong and Vietnam, and by 2060 in China and Indonesia. The company is making steady progress towards its Group ambition of net-zero by 2050.