Overseas Chinese Town Asia Holdings Sustainability Profile
Overseas Chinese Town Asia Holdings Limited, commonly referred to as OCT Asia, is a prominent player in the leisure and tourism industry, headquartered in Hong Kong. Established in 1999, the company has made significant strides in developing and managing large-scale theme parks, cultural attractions, and integrated tourism projects across mainland China and other key regions. OCT Asia is renowned for its unique offerings, including world-class theme parks and immersive cultural experiences that blend entertainment with education. The company has achieved notable milestones, positioning itself as a leader in the market with a strong focus on innovation and sustainability. With a commitment to enhancing the tourism landscape, OCT Asia continues to set benchmarks in the industry, making it a preferred choice for both domestic and international visitors.
DitchCarbon Score
How does Overseas Chinese Town Asia 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 Financial Intermediation 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
Overseas Chinese Town Asia Holdings's score of 37 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Overseas Chinese Town Asia Holdings's reported carbon emissions
In 2024, Overseas Chinese Town Asia Holdings reported total carbon emissions of approximately 532,290 kg CO2e, with Scope 1 emissions at about 17,390 kg CO2e and Scope 2 emissions at around 514,890 kg CO2e. This marks a slight decrease from 2023, where total emissions were approximately 5,518,000 kg CO2e, comprising about 1,017,000 kg CO2e from Scope 1 and about 4,501,000 kg CO2e from Scope 2. The company has consistently disclosed emissions data for Scope 1 and Scope 2 over the past few years, with 2022 emissions recorded at approximately 5,626,000 kg CO2e, and 2021 emissions at about 6,806,000 kg CO2e. Notably, the emissions for 2020 were approximately 7,798,000 kg CO2e. Despite these figures, Overseas Chinese Town Asia Holdings has not set specific reduction targets or climate pledges, and there are no reported initiatives under the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Overseas Chinese Town (Asia) Holdings Limited, indicating a corporate family relationship that influences its reporting and performance metrics. Overall, while the company has shown some fluctuations in emissions, it lacks formal commitments to significant reduction initiatives or climate pledges at this time.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,094,000 | 0,000,000 | 000,000 | 0,000,000 | 00,000 |
| Scope 2 | 6,779,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Overseas Chinese Town Asia Holdings's Industry?
How Carbon Intensive is Overseas Chinese Town Asia Holdings's Location?
Overseas Chinese Town Asia Holdings's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Overseas Chinese Town Asia Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
