Red Star Macalline Sustainability Profile
Red Star Macalline, officially known as Red Star Macalline Group Corporation, is a leading player in the home furnishing and retail industry, headquartered in China. Established in 1999, the company has grown significantly, with a strong presence in major operational regions across the country, including Beijing, Shanghai, and Guangzhou. Specialising in home improvement and furnishing products, Red Star Macalline offers a diverse range of services, from furniture retail to interior design solutions. Its unique business model combines traditional retail with e-commerce, catering to a broad customer base. The company has achieved notable milestones, including being recognised as one of the largest home furnishing retailers in China, solidifying its market position through innovation and customer-centric strategies.
DitchCarbon Score
How does Red Star Macalline'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 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.
Industry Benchmark
Red Star Macalline's score of 11 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Red Star Macalline's reported carbon emissions
In 2023, Red Star Macalline reported significant carbon emissions from its operations in China, with Scope 1 emissions totalling approximately 73,928,960 kg CO2e and Scope 2 emissions reaching about 346,335,370 kg CO2e. This brings the total emissions for these scopes to around 420,264,330 kg CO2e. The company has not disclosed any Scope 3 emissions data, nor has it set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). Additionally, there are no documented climate pledges or reduction initiatives currently in place. Looking at historical data, emissions in 2022 were approximately 73,361,850 kg CO2e for Scope 1 and about 892,405,790 kg CO2e for Scope 2, indicating a slight decrease in Scope 1 emissions year-on-year. The company has not inherited emissions data from any parent organisation, and all reported figures are directly from Red Star Macalline Group Corporation Ltd. Overall, while Red Star Macalline has made strides in tracking its emissions, the absence of reduction targets and commitments highlights an area for potential improvement in its climate strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 48,141,030 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 326,723,950 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Red Star Macalline's Industry?
How Carbon Intensive is Red Star Macalline's Location?
Red Star Macalline'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.
Red Star Macalline 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.
