Metro Holdings
Metro Holdings Limited, headquartered in Singapore (SG), is a prominent player in the real estate and retail sectors. Founded in 1973, the company has established a strong presence in Asia, particularly in Singapore and China, focusing on property development, investment, and management. Metro Holdings is renowned for its unique blend of retail and residential properties, including the iconic Metro department stores and various mixed-use developments. The company’s commitment to quality and innovation has positioned it as a leader in the industry, with notable achievements in sustainable development and urban regeneration. With a robust portfolio and a strategic approach to growth, Metro Holdings continues to enhance its market position, delivering exceptional value to stakeholders and contributing to the dynamic landscape of the Asian real estate market.
DitchCarbon Score
How does Metro 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
Metro Holdings's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Metro Holdings's reported carbon emissions
In 2024, Metro Holdings reported a total Scope 2 carbon emissions of approximately 18,475,000 kg CO2e in Singapore. This figure reflects their commitment to tracking and managing their greenhouse gas emissions, particularly from energy consumption. The company has also disclosed emissions data for 2023, indicating a Scope 2 total of about 15,158,000 kg CO2e in Singapore and 15,128,000 kg CO2e in China. Metro Holdings has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. However, they are actively monitoring their emissions and have reported energy indirect (Scope 2) GHG emissions intensities for their properties, such as 66,500 kg CO2e per m² for their Singapore retail division in 2024 and 92,900 kg CO2e per m² for their China properties in 2023. The company’s emissions data is not cascaded from a parent organization, indicating that their reported figures are independently sourced. Metro Holdings continues to focus on transparency in their sustainability reporting, as evidenced by their detailed disclosures in annual sustainability reports.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 1,702,000 | 0,000,000 | - |
| Scope 2 | 122,967,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 27,690,000 | - | - |
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.
Metro 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.
