Lai Sun Development Company Limited
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Lai Sun Development Company Limited's score of 17 is lower 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 Sun Development Company Limited's reported carbon emissions
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 1,170,000 kg CO2e from Scope 3 emissions. The company has shown a commitment to reducing its carbon footprint, with emissions intensity reported at 390 kg CO2e per square metre for that year. In 2021, the company’s emissions were slightly higher, totalling about 3,100,000 kg CO2e, with Scope 1 emissions at 788,000 kg CO2e, Scope 2 at 3,070,000 kg CO2e, and Scope 3 at 1,150,000 kg CO2e. The emissions intensity for that year was reported at 450 kg CO2e per square metre. For 2023 and 2024, Lai Sun Development has not disclosed specific emissions data but has indicated a GHG emission intensity of 50 kg CO2e per square metre for 2023 and 60 kg CO2e per square metre for 2024, suggesting a focus on improving efficiency in their property businesses. Despite the absence of specific reduction targets or climate pledges, Lai Sun Development's ongoing monitoring of emissions and intensity metrics reflects an awareness of climate impact and a potential commitment to future reductions.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 788,000 | 000,000 |
| Scope 2 | 3,070,000 | 0,000,000 |
| Scope 3 | 115,000 | 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 Sun Development Company Limited 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.
