Poly Property, officially known as Poly Real Estate Group Co., Ltd., is a leading player in the real estate industry, headquartered in China. Established in 1992, the company has made significant strides in property development, investment, and management, primarily operating in major urban regions across China. With a diverse portfolio that includes residential, commercial, and mixed-use developments, Poly Property is renowned for its commitment to quality and innovation. The company has achieved notable milestones, including recognition for its sustainable building practices and contributions to urban development. As a prominent entity in the real estate market, Poly Property continues to enhance its market position through strategic partnerships and a focus on customer-centric services, making it a trusted name in the industry.
How does Poly Property'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.
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.
Poly Property's score of 27 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Poly Property reported total carbon emissions of approximately 13,624,000 kg CO2e from Scope 1 and about 1,172,000 kg CO2e from Scope 2, totalling around 14,796,000 kg CO2e. This reflects a decrease from 2022, where emissions were approximately 13,140,000 kg CO2e for Scope 1 and 2,460,000 kg CO2e for Scope 2, resulting in a total of about 15,600,000 kg CO2e. Over the past few years, Poly Property has shown a trend of reducing its emissions, with 2021 figures indicating approximately 14,645,000 kg CO2e (14,245,000 kg CO2e from Scope 1 and 2,189,000 kg CO2e from Scope 2). In 2020, emissions were significantly higher, with about 311,543,000 kg CO2e, primarily due to a large Scope 2 component of approximately 308,906,000 kg CO2e. Despite these reductions, Poly Property has not set specific science-based targets (SBTi) or documented reduction initiatives. The emissions data is cascaded from its parent company, Poly Property Services Co., Ltd., indicating a corporate family relationship that influences its sustainability reporting. Overall, while Poly Property has made strides in reducing its carbon footprint, further commitments and structured reduction targets would enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 389,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 49,862,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | - |
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.
Poly Property 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.