Shun Tak Holdings Limited
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.
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.
Industry Benchmark
Shun Tak Holdings Limited's score of 21 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shun Tak Holdings Limited's reported carbon emissions
In 2023, Shun Tak Holdings Limited reported total carbon emissions of approximately 116,668,000 kg CO2e for Scope 1 and about 63,456,000 kg CO2e for Scope 2. This reflects a significant increase in emissions compared to 2022, where Scope 1 emissions were approximately 4,942,000 kg CO2e and Scope 2 emissions were about 57,595,000 kg CO2e. The company has disclosed emissions data for both Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. Despite the increase in emissions, Shun Tak has not set specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for future focus. In terms of carbon intensity, the company reported a carbon intensity of 92.0 kg CO2e per tonne for the transportation sector and 34.0 kg CO2e per guest night for the hospitality sector in 2023. These figures highlight the company's operational impact on carbon emissions within its sectors. Overall, while Shun Tak Holdings Limited has made strides in reporting its emissions, the absence of reduction targets suggests a need for enhanced climate action strategies moving forward.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 4,942,000 | 000,000,000 |
| Scope 2 | 57,595,000 | 00,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
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.
