Lai Fung Holdings
Lai Fung Holdings Limited, commonly referred to as Lai Fung, is a prominent property development and investment company headquartered in Hong Kong. Established in 1994, the firm has made significant strides in the real estate sector, focusing primarily on residential and commercial properties across major operational regions in China. With a commitment to quality and innovation, Lai Fung is renowned for its unique developments that blend modern design with sustainable practices. The company has achieved notable milestones, including the successful launch of several high-profile projects that have solidified its market position. As a key player in the property industry, Lai Fung Holdings continues to enhance its portfolio, contributing to the urban landscape while delivering exceptional value to its stakeholders.
DitchCarbon Score
How does Lai Fung Holdings'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 Business 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
Lai Fung Holdings's score of 33 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lai Fung Holdings's reported carbon emissions
In 2024, Lai Fung Holdings reported total carbon emissions of approximately 3,069,000 kg CO2e. This figure includes 34,000 kg CO2e from Scope 1 emissions, 3,035,000 kg CO2e from Scope 2 emissions, and a significant 73,054,000 kg CO2e from Scope 3 emissions, primarily from purchased goods and services, which accounted for about 2,968,000 kg CO2e. In 2023, the company recorded total emissions of about 2,784,000 kg CO2e, with Scope 1 emissions at 20,000 kg CO2e, Scope 2 emissions at 2,764,000 kg CO2e, and Scope 3 emissions reaching approximately 64,579,000 kg CO2e. Lai Fung Holdings has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they have consistently reported emissions across all three scopes, indicating a commitment to transparency in their environmental impact. The company’s emissions intensity for Scope 1 and 2 was reported at 50.0 kg CO2e/m² in 2024, down from 60.0 kg CO2e/m² in 2023, suggesting a potential improvement in operational efficiency. Overall, while Lai Fung Holdings has not set formal reduction targets, their emissions data reflects ongoing monitoring and reporting of their carbon footprint, which is essential for future climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 164,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 |
| Scope 2 | 77,532,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Lai Fung Holdings is not participating in any 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.
