Overseas Chinese Town Asia Holdings
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 24 is lower 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 2022, Overseas Chinese Town Asia Holdings reported total carbon emissions of approximately 5,626,000 kg CO2e, comprising 987,000 kg CO2e from Scope 1 and 4,640,000 kg CO2e from Scope 2 emissions. This data reflects a decrease from 2021, when total emissions were about 6,806,000 kg CO2e, with Scope 1 emissions at 1,201,000 kg CO2e and Scope 2 emissions at 5,605,000 kg CO2e. In 2020, the company recorded total emissions of around 7,798,000 kg CO2e, indicating a downward trend in emissions over the three years. Despite these reductions, Overseas Chinese Town Asia Holdings has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Overseas Chinese Town (Asia) Holdings Limited, reflecting the corporate family's overall performance in emissions reporting. The company’s emissions data highlights its ongoing efforts to manage and reduce its carbon footprint, although further commitments and targets would enhance its climate strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 1,094,000 | 0,000,000 | 000,000 |
| Scope 2 | 6,779,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Overseas Chinese Town Asia 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.
