Shang Properties, Inc.
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.
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
Shang Properties, Inc.'s score of 16 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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Shang Properties, Inc.'s reported carbon emissions
In 2022, Shang Properties, Inc. reported total carbon emissions of approximately 64,065,770 kg CO2e, comprising about 2,916,920 kg CO2e from Scope 1 and about 61,214,850 kg CO2e from Scope 2 emissions. This marked an increase from 2021, where emissions were approximately 52,102,340 kg CO2e, with Scope 1 emissions at about 1,616,870 kg CO2e and Scope 2 emissions at about 50,393,470 kg CO2e. In 2020, the company recorded total emissions of approximately 75,109,020 kg CO2e, with Scope 1 emissions at about 292,390 kg CO2e and Scope 2 emissions at about 75,087,630 kg CO2e. Despite these figures, Shang Properties, Inc. has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. The company operates within the real estate sector, which is increasingly focusing on sustainability and carbon reduction strategies.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 292,390 | 0,000,000 | 0,000,000 |
| Scope 2 | 75,087,630 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 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.
