Kerry Properties Sustainability Profile
Kerry Properties Limited, a prominent player in the real estate industry, is headquartered in Hong Kong (HK) and operates extensively across mainland China and other key regions. Founded in 1978, the company has established itself as a leader in property development, investment, and management, focusing on residential, commercial, and mixed-use projects. Kerry Properties is renowned for its commitment to quality and innovation, delivering unique living and working environments that cater to diverse market needs. With a strong portfolio of iconic developments, the company has achieved significant milestones, including recognition for its sustainable practices and design excellence. As a trusted name in the industry, Kerry Properties continues to enhance its market position through strategic expansions and a dedication to customer satisfaction.
DitchCarbon Score
How does Kerry 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
Kerry Properties's score of 52 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kerry Properties's reported carbon emissions
In 2024, Kerry Properties, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 21,281,000 kg CO2e. This figure includes 58,000 kg CO2e from Scope 1 emissions, 20,695,000 kg CO2e from Scope 2 emissions (both market-based and location-based), and 528,000 kg CO2e from Scope 3 emissions. The company's global emissions for the same year reached about 99,145,000 kg CO2e, with significant contributions from Scope 3 categories such as capital goods and waste generated in operations. Kerry Properties has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, based on 2019 levels. Additionally, they target a 90% reduction in absolute Scope 3 emissions by 2050, using 2023 as the baseline. Near-term goals include a 52.9% reduction in absolute Scope 1 and 2 emissions by 2030, and a 51.6% reduction in Scope 3 emissions per square foot by the same year. The company has achieved its 2025 carbon reduction target ahead of schedule and has announced a new goal to reduce Scope 1 and 2 GHG emissions intensity by 2% annually until 2030. These targets align with the Science Based Targets initiative (SBTi) and reflect Kerry Properties' commitment to net-zero emissions across its value chain by 2050. The emissions data and targets are cascaded from the parent organization, Kerry Properties Limited, ensuring consistency in reporting and accountability.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,726,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 47,262,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 258,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | - | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Kerry Properties's Industry?
How Carbon Intensive is Kerry Properties's Location?
Kerry Properties's Scope 3 Categories Breakdown
Kerry Properties's Scope 3 emissions, which increased significantly last year and increased significantly since 2011, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 47% of Scope 3 emissions.
Top Scope 3 Categories
Kerry 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.
Kerry Properties has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Kerry Properties's sustainability data and climate commitments