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 approximately 514,890 kg CO2e. This marks a slight decrease from 2023, where total emissions were about 5,518,000 kg CO2e, comprising approximately 1,017,000 kg CO2e in Scope 1 and about 4,501,000 kg CO2e in Scope 2. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Notably, there are no specific reduction targets or climate pledges documented, which may reflect a need for enhanced climate commitments in line with industry standards. The emissions data for Overseas Chinese Town Asia Holdings is cascaded from its parent company, Overseas Chinese Town (Asia) Holdings Limited, at a corporate family relationship level of three. This relationship underscores the importance of comprehensive emissions tracking and accountability within the corporate structure. Overall, while the company has made strides in emissions reporting, the absence of reduction targets suggests an opportunity for further engagement in climate action initiatives.
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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?
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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.
