Sino Land

Sino Land, a Hong Kong-based financial intermediation services company, reported Scope 1 emissions of 3,055,300 kg CO2e, Scope 2 emissions of 114,881,900 kg CO2e (market-based), and Scope 3 emissions of 1,065,700 kg CO2e for 2025. This follows 2024 emissions of 3,864,800 kg CO2e for Scope 1, 126,972,300 kg CO2e for Scope 2 (market-based), and 1,368,600 kg CO2e for Scope 3.

Sino Land has set several climate commitments. The company aims to achieve net-zero carbon emissions by 2050. Near-term Science Based Targets Initiative (SBTi) commitments include a 46.2% absolute reduction in Scope 1 and 2 GHG emissions by FY2030 from a FY2019 base year. Additionally, Sino Land commits to a 51.6% reduction in Scope 3 GHG emissions from capital goods, fuel and energy-related activities, waste generated in operations, and downstream leased assets per square foot by FY2030 from a FY2022 base year. Long-term SBTi targets include a 90% absolute reduction in Scope 1 and 2 GHG emissions by FY2050 from a FY2019 base year, and a 90% absolute reduction in Scope 3 GHG emissions by FY2050 from a FY2022 base year. The targets covering Scope 1 and 2 are consistent with reductions required to keep warming to 1.5°C.