Shimao Property Holdings Limited, commonly referred to as Shimao Property, is a prominent player in the real estate industry, headquartered in Hong Kong. Founded in 2001, the company has established a strong presence across major operational regions in mainland China, focusing on residential, commercial, and mixed-use developments. Shimao Property is renowned for its commitment to quality and innovation, offering a diverse portfolio that includes luxury residential complexes and commercial properties. The company has achieved significant milestones, positioning itself as one of the top real estate developers in China, with a reputation for delivering projects that blend modern design with sustainable practices. With a robust market position, Shimao Property continues to expand its influence, contributing to urban development and enhancing community living standards across its operational regions.
How does Shimao Property'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.
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.
Shimao Property's score of 20 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shimao Property, headquartered in Hong Kong, has reported carbon emissions data primarily from 2012 to 2017. In 2016, the company recorded approximately 997 kg CO2e in Scope 2 emissions. The following year, 2017, saw emissions of about 3.0 kg CO2e classified under Scope 3. Despite these figures, Shimao Property has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or pledges suggests a need for enhanced transparency and action in addressing climate change impacts within the property sector. Overall, while Shimao Property has provided some emissions data, their climate strategy appears to lack robust targets or commitments, which is increasingly critical in today's environmentally conscious market.
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 Property is not committed to any reduction initiatives 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.