Shui On Land Limited, a prominent player in the real estate and urban development sector, is headquartered in China. Established in 1997, the company has made significant strides in transforming urban landscapes, primarily operating in major cities across China, including Shanghai and Guangzhou. Specialising in property development, investment, and management, Shui On Land is renowned for its innovative mixed-use developments that seamlessly integrate residential, commercial, and cultural spaces. The company’s commitment to sustainable design and community-focused projects sets it apart in a competitive market. With a strong market position, Shui On Land has achieved notable milestones, including the successful launch of several flagship projects that have garnered industry accolades. Its dedication to quality and excellence continues to drive its reputation as a leader in the Chinese real estate industry.
How does Shui On Land'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.
Shui On Land's score of 37 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shui On Land reported total greenhouse gas emissions of approximately 91,114,162 kg CO2e, comprising 9,932,098 kg CO2e from Scope 1, 81,182,063 kg CO2e from Scope 2, and 119,749,924 kg CO2e from Scope 3 emissions. This reflects the company's ongoing commitment to addressing its carbon footprint. Shui On Land has set ambitious targets to reduce its emissions. The company aims to achieve a 62.4% reduction in Scope 1 and 2 greenhouse gas emissions per square metre by 2030, using 2019 as the baseline year. Additionally, it plans to reduce Scope 3 emissions from purchased goods and services, as well as downstream leased assets, by 22% per square metre within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. The company's emissions intensity has shown variability over the years, with a notable decrease in emissions per square metre from 0.06519 kg CO2e in 2017 to 0.03388 kg CO2e in 2023. This trend indicates a positive trajectory towards achieving its sustainability goals. Shui On Land's commitment to reducing its carbon emissions is crucial in the context of the real estate sector, which is increasingly under pressure to adopt sustainable practices and mitigate climate change impacts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 6,233,000 | 0,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 92,301,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - | 00,000,000 | 000,000,000 |
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.
Shui On Land is committed to some 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.