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 18 is lower than 90% 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 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 compared to 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 not disclosed any specific reduction targets or initiatives related to carbon emissions, nor have they committed to any climate pledges. Their emissions data indicates a trend of increasing emissions over the years, with Scope 1 emissions rising from 2,923,90 kg CO2e in 2020 to 3,914,000 kg CO2e in 2023, and Scope 2 emissions also increasing from 75,087,630 kg CO2e in 2020 to 74,358,000 kg CO2e in 2023. Shang Properties, Inc. operates in a sector where climate commitments are increasingly important, yet their current lack of defined reduction strategies may pose challenges in aligning with industry standards for sustainability and climate action.
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| 2020 | 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 | - | - | - | - |
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.
