Joy City Property Sustainability Profile
Joy City Property, officially known as Joy City Property Limited, is a prominent player in the real estate industry, headquartered in Hong Kong. Established in 1992, the company has made significant strides in property development and management, primarily focusing on residential, commercial, and mixed-use projects across major cities in China. With a commitment to innovation and quality, Joy City Property offers unique lifestyle-oriented developments that cater to modern urban living. The company has garnered recognition for its strategic locations and sustainable design practices, positioning itself as a leader in the competitive property market. Notable achievements include a diverse portfolio of successful projects that enhance community living and contribute to urban revitalisation.
DitchCarbon Score
How does Joy City Property'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
Joy City Property's score of 14 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Joy City Property's reported carbon emissions
In 2023, Joy City Property reported total carbon emissions of approximately 174,764,700 kg CO2e, with Scope 1 emissions accounting for about 11,876,300 kg CO2e and Scope 2 emissions at approximately 162,888,400 kg CO2e. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, there are currently no specific reduction targets or climate pledges outlined by Joy City Property. The emissions data is cascaded from its parent company, Grandjoy Holdings Group Co., Ltd., indicating a corporate family relationship that influences its reporting. Joy City Property's emissions intensity is reported as 0.03161 kg CO2e per unit of revenue (CNY), reflecting its operational efficiency in relation to greenhouse gas emissions. The company has not yet established any Science-Based Targets Initiative (SBTi) reduction targets or other formal commitments to reduce its carbon footprint. As a subsidiary of Grandjoy Holdings, Joy City Property is positioned within a broader industry context that increasingly prioritises sustainability and climate action, although specific initiatives or commitments from the company remain unspecified.
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| 2023 | |
|---|---|
| Scope 1 | 11,876,300 |
| Scope 2 | 162,888,400 |
| Scope 3 | - |
How Carbon Intensive is Joy City Property's Industry?
How Carbon Intensive is Joy City Property's Location?
Joy City Property'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.
Joy City Property 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.
