Sino Ocean Group, often referred to as Sino Ocean, is a prominent player in the real estate and property development industry, headquartered in Hong Kong. Established in 1993, the company has made significant strides in the Chinese market, focusing on residential, commercial, and mixed-use developments across major cities, including Beijing and Shanghai. Renowned for its commitment to quality and innovation, Sino Ocean offers a diverse portfolio of properties that cater to various market segments. The company is distinguished by its sustainable development practices and emphasis on creating vibrant communities. With a strong market position, Sino Ocean has received numerous accolades for its projects, solidifying its reputation as a leader in the industry.
How does Sino Ocean'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.
Mean score of companies in the Real Estate Services 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.
Sino Ocean's score of 20 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sino Ocean reported total carbon emissions of approximately 85,505,400 kg CO2e. This figure includes 12,253,810 kg CO2e from Scope 1 emissions, 70,846,770 kg CO2e from Scope 2 emissions, and 2,404,820 kg CO2e from Scope 3 emissions. Over the past five years, Sino Ocean has demonstrated a significant reduction in emissions, decreasing from about 253,349,270 kg CO2e in 2018 to the latest figure in 2023. This represents a reduction of approximately 66% in total emissions over this period. The company has disclosed emissions across all three scopes (1, 2, and 3) since 2020, indicating a commitment to transparency in its climate impact. However, there are currently no specific reduction targets or climate pledges documented, suggesting that while emissions have decreased, formal commitments to future reductions have not been established. Sino Ocean's efforts reflect a growing trend in the industry towards sustainability and carbon footprint reduction, aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 13,524,110 | 00,000,000 | 0,000,000 | 00,000,000 |
Scope 2 | 79,007,750 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 3 | 23,835,980 | 00,000,000 | 0,000,000 | 0,000,000 |
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.
Sino Ocean 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.