Shang Properties, Inc., a prominent player in the Philippine real estate sector, is headquartered in Makati City, PH. Founded in 1993, the company has established itself as a leader in luxury residential and commercial developments, with a strong presence in key urban areas across the country. Specialising in high-end condominiums, office spaces, and mixed-use developments, Shang Properties is renowned for its commitment to quality and innovative design. The company has achieved significant milestones, including the successful launch of several iconic projects that have redefined urban living in the Philippines. With a reputation for excellence, Shang Properties continues to set industry standards, making it a trusted name among discerning investors and homebuyers alike. Its strategic focus on premium developments positions the company as a formidable force in the competitive real estate market.
How does Shang Properties, Inc.'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.
Shang Properties, Inc.'s score of 1 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shang Properties, Inc. reported total carbon emissions of approximately 39,140,000 kg CO2e from Scope 1 and 74,358,000 kg CO2e from Scope 2. This marked an increase in emissions from 2022, where Scope 1 emissions were about 2,917,000 kg CO2e and Scope 2 emissions were approximately 61,215,000 kg CO2e. The company has shown a significant rise in emissions over the years, with Scope 1 emissions increasing from about 1,616,870 kg CO2e in 2021 and 2,916,000 kg CO2e in 2022. Scope 2 emissions also decreased from approximately 50,393,470 kg CO2e in 2021 to 61,215,000 kg CO2e in 2022, before rising again in 2023. Despite these figures, Shang Properties, Inc. has not publicly disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented climate pledges or science-based targets suggests that the company may need to enhance its climate commitments to align with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 292,390 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 75,087,630 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Shang Properties, Inc. is not committed to any reduction initiatives 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.