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 83% 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 51,102,340 kg CO2e, with 1,616,870 kg CO2e from Scope 1 and 50,393,470 kg CO2e from Scope 2. In 2020, the company recorded about 75,090,220 kg CO2e, with 292,390 kg CO2e from Scope 1 and 75,087,630 kg CO2e from Scope 2. Shang Properties, Inc. has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from Shang Properties, Inc. Overall, while the company has made strides in reporting its emissions, it currently lacks defined climate commitments or reduction strategies to address its carbon footprint.
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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.
