Jardine Matheson

Jardine Matheson's reported carbon emissions

Jardine Matheson, headquartered in BM and operating within the Offices of Other Holding Companies industry, has reported Scope 1 and Scope 2 emissions for recent years. For 2025, the company reported approximately 5.7 billion kg CO2e in Scope 1 and 2 market-based emissions, comprising about 4.6 billion kg CO2e of Scope 1 emissions and approximately 1.1 billion kg CO2e of Scope 2 market-based emissions. In 2024, this figure was around 6.2 billion kg CO2e (Scope 1 and 2 market-based), with Scope 1 emissions at approximately 5.0 billion kg CO2e and Scope 2 market-based emissions at about 1.1 billion kg CO2e. The most recent reported year, 2023, saw approximately 6.2 billion kg CO2e in Scope 1 and 2 market-based emissions, with Scope 1 emissions totalling about 5.0 billion kg CO2e and Scope 2 market-based emissions at approximately 1.2 billion kg CO2e. Emissions data for Scope 3 is not currently available. Jardine Matheson has established several climate commitments. Hongkong Land, a part of the group, has had its science-based targets approved by the Science Based Targets initiative (SBTi), pledging a 46.2% absolute reduction in Scope 1 and 2 greenhouse gas (GHG) emissions and a 22% per m2 reduction in carbon intensity for Scope 3 GHG emissions by 2030, using 2019 as a baseline. More broadly, Jardine Matheson aims for net-zero GHG emissions by 2050. Near-term targets include reductions in Scope 1 and 2 emissions, with some specific business units setting targets such as a 30% reduction by 2030 (from a 2019 baseline) or a 50.4% reduction by 2030 (from a 2018 base year). The group is also working towards a 20% to 50% reduction in Scope 3 emissions by 2030-2035, compared to a base year of 2018-2023. In addition, specific regional net-zero commitments are in place, such as by 2050 in Hong Kong and Vietnam, and by 2060 in China and Indonesia.