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 19 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shun Tak Holdings Limited's reported carbon emissions
In 2023, Shun Tak Holdings Limited reported significant carbon emissions, with Scope 1 emissions totalling approximately 116,668,000 kg CO2e and Scope 2 emissions at about 63,456,000 kg CO2e. This data highlights the company's ongoing impact on the environment, particularly in the transportation and hospitality sectors, where carbon intensity metrics were recorded at 92.0 kg CO2e per tonne and 34.0 kg CO2e per guest night, respectively. In 2022, the company reported Scope 1 emissions of around 4,942,000 kg CO2e and Scope 2 emissions of approximately 57,595,000 kg CO2e, indicating a notable increase in emissions in 2023. The carbon intensity for the property sector was recorded at 36.0 kg CO2e per square metre in 2022, while the hospitality sector's carbon intensity was 52.0 kg CO2e per guest night. Despite these figures, Shun Tak Holdings Limited has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of defined reduction strategies suggests a need for enhanced focus on sustainability practices to mitigate their carbon footprint effectively.
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Add to project| 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 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.
