Shimao

Shimao's reported carbon emissions

Shimao, a real estate services company headquartered in HK, has reported Scope 1 and 2 emissions for several years. In 2025, Shimao's reported Scope 1 emissions were approximately 633,440 kg CO2e, primarily from fugitive emissions. Scope 2 emissions for the same year were approximately 2,527,660 kg CO2e, solely from purchased electricity. For the 2022 reporting year, Shimao's Scope 1 emissions totalled approximately 1,191,810 kg CO2e, with fugitive emissions and stationary combustion as the main contributors. Scope 2 emissions in 2022 were significantly higher, at approximately 12,142,580 kg CO2e, mainly attributed to purchased electricity, with a smaller contribution from purchased heat. In 2021, Shimao reported Scope 1 emissions of approximately 145,400 kg CO2e and Scope 2 emissions of approximately 268,140 kg CO2e. Emissions data for 2020 shows Scope 1 emissions at approximately 1,115,670,000 kg CO2e and Scope 2 emissions at approximately 37,317,412,000 kg CO2e. No Scope 3 emissions data has been disclosed for these reporting years. Shimao has established ambitious climate commitments. The company aims to reduce its Scope 1 and 2 emissions to near zero by the middle of this decade (by 2025). Furthermore, Shimao has set a long-term goal to achieve carbon neutrality by 2060, encompassing both Scope 1 and Scope 2 emissions. It is important to note that Shimao's emissions data is cascaded from its parent company, Shimao Group Holdings Limited, which is identified as the source organisation for performance data.