Shui On Land

Shui On Land's reported carbon emissions

Shui On Land, a real estate services company headquartered in China, has set ambitious climate targets. For 2023, the company reported Scope 1 and 2 emissions totalling approximately 91,114,162 kg CO2e. This comprised about 9,932,098 kg CO2e from Scope 1 and approximately 81,182,063 kg CO2e from Scope 2 emissions. In 2022, Shui On Land's Scope 1 and 2 emissions were around 81,496,441 kg CO2e, with Scope 1 emissions at approximately 8,371,500 kg CO2e and Scope 2 emissions at about 73,120,531 kg CO2e. The company is committed to reducing its environmental impact and has established several key reduction targets. Notably, Shui On Land aims to reduce Scope 1 and 2 GHG emissions intensity by 62.4% by 2030, using 2019 as its baseline year. This target aligns with a 1.5°C pathway, as validated by the Science Based Targets initiative (SBTi). Furthermore, Shui On Land has set a goal to reduce Scope 3 carbon emissions intensity from purchased goods and services, as well as from downstream leased assets, by 22% by 2030, also from a 2019 baseline. In the near term, Shui On Land has a target to reduce Scope 1 and 2 GHG emissions intensity by 25% by 2024, based on its 2019 baseline. No absolute Scope 3 emissions data has been disclosed. Shui On Land's climate commitments are set at the corporate level, with no indication of data cascading from a parent organisation.