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Red Star Macalline, a prominent player in the real estate services sector, is headquartered in China and operates extensively across major urban regions. Founded in 1999, the company has established itself as a leader in home furnishing and lifestyle retail, offering a unique blend of products and services that cater to diverse consumer needs.
Specialising in the development and management of large-scale home furnishing malls, Red Star Macalline distinguishes itself through its innovative approach to retail space and customer experience. The company has achieved significant milestones, including numerous awards for excellence in service and design, solidifying its market position as a trusted name in the industry. With a commitment to quality and customer satisfaction, Red Star Macalline continues to shape the landscape of real estate services in China.
-17 vs industry average
Red Star Macalline’s score of 12 is lower than 26% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Red Star Macalline, a real estate services company headquartered in China, reported total greenhouse gas emissions of approximately 420.3 billion kg CO2e for the year 2023. This figure encompasses Scope 1, 2, and 3 emissions. For the same year, Scope 1 emissions were approximately 73.9 billion kg CO2e, and Scope 2 emissions (market-based) were approximately 100 million kg CO2e, with location-based Scope 2 emissions at around 346.3 billion kg CO2e. Scope 3 emissions for 2023 are also detailed across various categories, with each specific category reported as approximately 100 million kg CO2e.
In 2022, Red Star Macalline's reported Scope 1 emissions were approximately 73.4 billion kg CO2e and Scope 2 emissions totalled approximately 892.4 billion kg CO2e. Prior to that, in 2021, Scope 1 emissions were approximately 77.9 billion kg CO2e and Scope 2 emissions stood at approximately 926.2 billion kg CO2e. For 2020, the company reported Scope 1 emissions of about 36.3 billion kg CO2e and Scope 2 emissions of approximately 356.7 billion kg CO2e.
The company's emissions intensity, measured as greenhouse gas emissions per square meter, was reported as 0.042907 in 2022 and 0.045023 in 2021. In 2020, this intensity was 0.048921, and in 2019, it was 0.05551 per square meter. For 2018, emissions intensity was approximately 0.054179 per square meter.
Red Star Macalline has not disclosed specific reduction targets or commitments through SBTi or the Climate Pledge.
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No climate goals have been disclosed for Red Star Macalline yet.
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