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.
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.
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.
Lai Fung Holdings's score of 21 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lai Fung Holdings reported total carbon emissions of approximately 89,017,000 kg CO2e globally, with 4,273,000 kg CO2e classified under Scope 1 and 84,746,000 kg CO2e under Scope 2. In Hong Kong, the company’s emissions were about 8,629,000 kg CO2e, all from Scope 2 sources. The emissions data for 2024 is not yet available, but the company has indicated a GHG emissions intensity of 50.0 kg CO2e per square metre for its Scope 1 and 2 emissions. Lai Fung Holdings has not set specific reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The company’s climate commitments remain unspecified, indicating a potential area for future development in sustainability practices. The emissions data is not cascaded from any parent organization, reflecting the company's independent reporting.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 164,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 77,532,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
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.