Nan Fung
Nan Fung Group, headquartered in Hong Kong, is a prominent player in the real estate and investment industry, with a strong presence across Asia and beyond. Founded in 1954, the company has evolved significantly, marking key milestones in property development, investment, and asset management. Specialising in high-quality residential, commercial, and industrial properties, Nan Fung is renowned for its commitment to excellence and innovation. The company’s unique approach combines sustainable practices with cutting-edge design, setting it apart in a competitive market. With a robust portfolio and a reputation for delivering landmark projects, Nan Fung Group has established itself as a leader in the real estate sector, consistently achieving notable accolades and recognition for its contributions to urban development.
DitchCarbon Score
How does Nan Fung'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
Nan Fung's score of 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nan Fung's reported carbon emissions
In 2023, Nan Fung Development Holdings Limited reported total carbon emissions of approximately 74,564,000 kg CO2e, with Scope 1 emissions at about 5,487,000 kg CO2e and Scope 2 emissions at approximately 69,078,000 kg CO2e. The previous year, 2022, saw total emissions of about 67,586,000 kg CO2e, indicating a rise in emissions. Looking ahead, Nan Fung has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 46.2% by 2031, using 2021 as the baseline year. Additionally, it plans to cut Scope 3 emissions from capital goods and the use of sold products by the same percentage within the same timeframe. Long-term goals include a dramatic reduction of 99.6% in both Scope 1 and 2 emissions by 2050, alongside a similar reduction in Scope 3 emissions. These commitments align with industry standards for climate action, reflecting a proactive approach to sustainability and carbon management from its headquarters in Hong Kong.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 5,758,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 61,828,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 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.
Nan Fung is committed to some 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.
