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.
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.
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.
Red Star Macalline's score of 20 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Red Star Macalline reported total carbon emissions of approximately 420,264,330 kg CO2e, comprising 73,928,960 kg CO2e from Scope 1 and 346,335,370 kg CO2e from Scope 2 emissions. This marks a significant reduction from previous years, particularly from 2022, when total emissions were about 965,767,640 kg CO2e. Over the years, the company has shown fluctuations in its emissions, with total emissions recorded at approximately 1,004,170,060 kg CO2e in 2021 and 393,041,560 kg CO2e in 2020. The emissions intensity has also varied, with a notable decrease in emissions per 10,000 m² of operating area, reflecting efforts to improve operational efficiency. Despite these reductions, Red Star Macalline has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction commitments suggests a need for clearer climate action strategies within the organisation. Overall, while Red Star Macalline has made progress in reducing its carbon footprint, the lack of formal targets indicates potential areas for improvement in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 48,141,030 | 00,000,000 | 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 | 000,000,000 |
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.
Red Star Macalline 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.