Sino Land

Sino Land, a Hong Kong-based company in the Financial intermediation services, except insurance and pension funding services industry, reported total Scope 1, 2, and 3 emissions of approximately 119.04 million kg CO2e in 2025. This includes around 3.06 million kg CO2e from Scope 1, 114.88 million kg CO2e from Scope 2 (market-based), and 1.07 million kg CO2e from Scope 3 emissions.

In 2024, the company's total emissions were approximately 132.20 million kg CO2e, comprising about 3.86 million kg CO2e from Scope 1, 126.97 million kg CO2e from Scope 2 (market-based), and 1.37 million kg CO2e from Scope 3. Looking back to 2023, total emissions were approximately 132.07 million kg CO2e, with Scope 1 emissions around 3.54 million kg CO2e, Scope 2 (market-based) emissions around 127.12 million kg CO2e, and Scope 3 emissions approximately 1.40 million kg CO2e.

Sino Land has set several climate commitments and reduction targets. The company aims to achieve net-zero carbon emissions across its value chain by FY2050, as recognised by the Science Based Targets initiative (SBTi). In the near-term, Sino Land commits to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by FY2030, using a FY2019 base year. Additionally, the company targets a 51.6% reduction in Scope 3 GHG emissions from capital goods, fuel and energy-related activities, and waste generated in operations, per square foot, by FY2030 from a FY2022 baseline. A similar 51.6% reduction target for Scope 3 GHG emissions from downstream leased assets per square foot by FY2030 from a FY2022 base year is also in place. For long-term targets, Sino Land aims for 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. These targets have been validated by the SBTi as consistent with keeping global warming to 1.5°C.