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 13 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lai Fung Holdings's reported carbon emissions
In 2023, Lai Fung Holdings reported total carbon emissions of approximately 2,784,000 kg CO2e, comprising 20,000 kg CO2e from Scope 1 and 2,764,000 kg CO2e from Scope 2 emissions. Additionally, the company recorded significant Scope 3 emissions of about 64,579,000 kg CO2e, primarily from purchased goods and services. In 2024, emissions slightly increased to approximately 3,069,000 kg CO2e, with Scope 1 emissions at 34,000 kg CO2e, Scope 2 at 3,035,000 kg CO2e, and Scope 3 emissions rising to about 73,054,000 kg CO2e. Over the years, Lai Fung Holdings has demonstrated a commitment to reducing its carbon footprint. In 2022, the company achieved a total emission reduction to approximately 5,067,000 kg CO2e, down from about 58,327,000 kg CO2e in 2021. This reflects a significant effort to lower emissions, particularly in Scope 2, which saw a reduction from 56,007,000 kg CO2e in 2021 to 1,234,000 kg CO2e in 2022. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Lai Fung Holdings. The company continues to focus on improving its emissions intensity, which has decreased from 110.0 kg CO2e/m² in 2020 to 50.0 kg CO2e/m² in 2024, indicating a positive trend towards sustainability in its operations.
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Add to project| 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 committed to any reduction initiatives 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.
