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Shimao
Shimao Group Holdings Limited, commonly referred to as Shimao, is a prominent player in the real estate and property development industry, headquartered in Hong Kong. Founded in 2001, the company has rapidly expanded its operations across major regions in China, establishing a strong presence in tier-one cities and beyond. Specialising in residential, commercial, and mixed-use developments, Shimao is renowned for its innovative architectural designs and commitment to quality. The company has achieved significant milestones, including numerous awards for excellence in property development, which underscore its market position as a leading developer in the competitive landscape. With a diverse portfolio that includes luxury residences and large-scale urban projects, Shimao continues to set benchmarks in the industry, reflecting its dedication to sustainable growth and community enhancement.
DitchCarbon Score
How does Shimao'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
Shimao's score of 22 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shimao's reported carbon emissions
In 2023, Shimao reported significant carbon emissions from its operations in China, with Scope 1 emissions totalling approximately 80,140 kg CO2e and Scope 2 emissions reaching about 3,957,000 kg CO2e, primarily from purchased electricity. This data reflects a commitment to transparency in emissions reporting, although no Scope 3 emissions data was disclosed. Shimao has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. This near-term target is part of a broader strategy to achieve carbon neutrality by 2060, encompassing both Scope 1 and Scope 2 emissions. These commitments are documented in reports sourced from Shimao Group Holdings Limited, indicating a corporate family relationship that influences their sustainability initiatives. The company’s emissions data and reduction targets are part of a growing trend in the construction and real estate sectors, where firms are increasingly held accountable for their environmental impact. Shimao's proactive approach aligns with industry standards and reflects a commitment to addressing climate change effectively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 1,115,670,000 | 000,000 | 0,000,000 |
| Scope 2 | 37,317,412,000 | 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.
Shimao 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.
