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Public Profile
Real Estate Services
PH
updated 15 days ago

Shang Properties, Inc. Sustainability Profile

Company website

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.

DitchCarbon Score

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.

19

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.

26

Industry Benchmark

Shang Properties, Inc.'s score of 19 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

36%

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Shang Properties, Inc.'s reported carbon emissions

In 2023, Shang Properties, Inc. reported total carbon emissions of approximately 77,000,000 kg CO2e, comprising about 3,914,000 kg CO2e from Scope 1 and about 74,358,000 kg CO2e from Scope 2 emissions. This marks an increase from 2022, where emissions were about 64,000,000 kg CO2e, with Scope 1 at approximately 2,917,000 kg CO2e and Scope 2 at about 61,215,000 kg CO2e. The company has shown a significant increase in emissions from 2021, which recorded about 51,000,000 kg CO2e in total emissions, with Scope 1 at approximately 1,616,870 kg CO2e and Scope 2 at about 50,393,470 kg CO2e. Shang Properties, Inc. has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of reduction targets suggests a need for further development in their sustainability strategy. The emissions data is not cascaded from any parent organisation, indicating that these figures are independently reported by Shang Properties, Inc. Overall, while the company has made strides in transparency regarding its emissions, the lack of reduction commitments highlights an area for potential improvement in their climate strategy.

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2020202120222023
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
-
-
-
-

How Carbon Intensive is Shang Properties, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shang Properties, Inc.'s primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Shang Properties, Inc.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Shang Properties, Inc. is in PH, which has a medium grid carbon intensity relative to other regions.

Shang Properties, Inc.'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.

Shang Properties, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Shang Properties, Inc.'s Emissions with Industry Peers

CapitaLand Investment Limited

SG
•
Real estate services (70)
Updated 10 days ago

Vista Land & Lifescapes, Inc.

PH
•
Real estate services (70)
Updated about 1 month ago

Ortigas & Company, Limited Partnership

PH
•
Real estate services (70)
Updated 2 days ago

DMCI Homes, Inc.

PH
•
Real estate services (70)
Updated 27 days ago

Property Company of Friends, Inc.

PH
•
Real estate services (70)
Updated about 2 months ago

Hongkong Land

HK
•
Real estate services (70)
Updated 5 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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