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.
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.
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.
Kerry Properties's score of 43 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Kerry Properties reported significant carbon emissions, with Scope 1 emissions amounting to approximately 5,041,000 kg CO2e in China and about 53,000 kg CO2e in Hong Kong. The total market-based emissions for Scope 1 and 2 globally reached about 83,039,000 kg CO2e. This data reflects a commitment to transparency and accountability in their environmental impact. Kerry Properties has set ambitious carbon reduction targets, aiming for a 25% reduction in carbon intensity for both Scope 1 and Scope 2 emissions by 2025, compared to 2017 levels. Furthermore, they have announced a more aggressive target for 2030, committing to reduce Scope 1 and 2 GHG emissions intensity by 2% annually until 2030. In terms of long-term goals, Kerry Properties is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. This includes a 90% reduction in absolute Scope 1 and 2 emissions from a 2019 baseline by 2050, as well as a 90% reduction in absolute Scope 3 emissions from a 2023 baseline. The company has also aligned its targets with the Science Based Targets initiative (SBTi), committing to a 52.9% reduction in absolute Scope 1 and 2 emissions by 2030 and a 51.6% reduction in Scope 3 emissions by the same year. These targets demonstrate Kerry Properties' proactive approach to addressing climate change and its commitment to sustainable practices within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,726,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 00,000 | 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 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | - |
Scope 3 | 258,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kerry Properties is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.