Lai Sun Development Company Limited, often referred to as Lai Sun, is a prominent player in the real estate and hospitality sectors, headquartered in Hong Kong. Established in 1975, the company has built a robust portfolio that spans residential, commercial, and leisure properties, primarily within Hong Kong and mainland China. Renowned for its commitment to quality and innovation, Lai Sun offers a diverse range of services, including property development, investment, and management. The company has achieved significant milestones, including the successful launch of several landmark projects that have shaped the urban landscape. With a strong market position, Lai Sun Development continues to be recognised for its excellence in creating sustainable and vibrant communities, making it a key contributor to the region's economic growth.
How does Lai Sun Development Company Limited'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.
Lai Sun Development Company Limited's score of 29 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Lai Sun Development Company Limited reported total carbon emissions of approximately 3,000,000 kg CO2e, comprising 604,000 kg CO2e from Scope 1, 2,472,000 kg CO2e from Scope 2, and 117,000 kg CO2e from Scope 3 emissions. This marked a reduction from 2021, where emissions were about 3,115,000 kg CO2e, with Scope 1 at 788,000 kg CO2e, Scope 2 at 3,070,000 kg CO2e, and Scope 3 at 115,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives, nor does it appear to have committed to any climate pledges. However, it has reported GHG emission intensities for its property businesses, with values of 50.0 kg CO2e/m² in 2022 and 60.0 kg CO2e/m² projected for 2024. Overall, while Lai Sun Development has shown a decrease in emissions from 2021 to 2022, further details on long-term climate commitments and reduction strategies remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2021 | 2022 | |
---|---|---|
Scope 1 | 788,000 | 000,000 |
Scope 2 | 3,070,000 | 0,000,000 |
Scope 3 | 115,000 | 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.
Lai Sun Development Company Limited 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.