Shimao

Shimao, a Hong Kong-headquartered real estate services company, reported Scope 1 emissions of approximately 633,440 kg CO2e and Scope 2 emissions of approximately 2,527,660 kg CO2e for the 2025 reporting year. These figures include mobile combustion and fugitive emissions for Scope 1, and purchased electricity for Scope 2. For 2022, the company reported Scope 1 emissions of approximately 1,191,810 kg CO2e (including fugitive emissions and stationary combustion) and Scope 2 emissions of approximately 12,142,580 kg CO2e (including purchased heat and purchased electricity). In 2021, Shimao's Scope 1 emissions were approximately 145,400 kg CO2e and Scope 2 emissions were approximately 268,140 kg CO2e. For the 2020 reporting year, Shimao's Scope 1 emissions were approximately 1,115,670,000 kg CO2e and Scope 2 emissions were approximately 37,317,412,000 kg CO2e. There is no disclosed emissions data for 2023.

Shimao has committed to significant climate targets, aiming to reduce its Scope 1 and 2 emissions to near zero by the middle of this decade (2023-2025). The company also has a long-term goal to achieve carbon neutrality by 2060 for both Scope 1 and Scope 2 emissions. This commitment to carbon neutrality is cascaded from its parent company, Shimao Group Holdings Limited.