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Construction Work
HK
updated a month ago

Shun Tak Holdings Limited

Company website

Shun Tak Holdings Limited, often referred to as Shun Tak, is a prominent Hong Kong-based conglomerate established in 1961. With its headquarters in Hong Kong, the company operates primarily in the transportation, property development, and hospitality sectors, making significant contributions to the region's infrastructure and economy. Shun Tak is renowned for its ferry services, connecting Hong Kong with Macau and mainland China, alongside its extensive portfolio of real estate developments and hotel management. The company has achieved notable milestones, including the development of iconic properties and a strong market presence in the Greater Bay Area. With a commitment to innovation and quality, Shun Tak Holdings Limited continues to enhance its offerings, solidifying its position as a leader in the transportation and property industries in Asia.

DitchCarbon Score

How does Shun Tak Holdings Limited'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.

26

Industry Average

Mean score of companies in the Construction Work 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.

21

Industry Benchmark

Shun Tak Holdings Limited's score of 26 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Shun Tak Holdings Limited's reported carbon emissions

In 2023, Shun Tak Holdings Limited, headquartered in Hong Kong, reported total carbon emissions of approximately 116,668,000 kg CO2e for Scope 1 and 63,456,000 kg CO2e for Scope 2. This marks a significant increase in emissions compared to 2022, where Scope 1 emissions were about 4,942,000 kg CO2e and Scope 2 emissions were approximately 57,595,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Shun Tak has set ambitious reduction targets, aiming to decrease carbon intensity by 10% for both Scope 1 and Scope 2 emissions by 2030, using 2017 levels as a baseline. Additionally, the company plans to reduce water and waste intensity by 10% by 2030 from 2017 and 2020 levels, respectively. These commitments reflect Shun Tak's proactive approach to addressing climate change and enhancing sustainability within its operations. The emissions data is not cascaded from any parent organization, indicating that Shun Tak Holdings Limited independently reports its carbon footprint and climate commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
5,950,000
0,000,000
000,000,000
Scope 2
71,689,000
00,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shun Tak Holdings Limited's primary industry is Construction work (45), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Shun Tak Holdings Limited is in HK, which we do not have grid emissions data for.

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.

Shun Tak Holdings Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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