Soho China Sustainability Profile
Soho China Limited, a leading property developer in China, is headquartered in Beijing. Established in 1995, the company has made significant strides in the real estate sector, focusing primarily on commercial properties, including office buildings and mixed-use developments. With a strong presence in major cities such as Beijing and Shanghai, Soho China has become synonymous with innovative architectural design and sustainable urban development. The company is renowned for its flagship projects, which often feature cutting-edge designs and environmentally friendly practices. Notable achievements include the successful launch of the Soho Galaxy and Soho Fuxing Plaza, which have set benchmarks in the industry. As a prominent player in the Chinese real estate market, Soho China continues to shape urban landscapes while maintaining a commitment to quality and excellence in property development.
DitchCarbon Score
How does Soho China'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 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.
Industry Benchmark
Soho China's score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Soho China's reported carbon emissions
In 2023, SOHO China reported total carbon emissions of approximately 231,854,590 kg CO2e. This figure includes 3,881,400 kg CO2e from Scope 1 emissions, 80,355,380 kg CO2e from Scope 2 emissions, and 147,617,810 kg CO2e from Scope 3 emissions. Compared to 2022, where total emissions were about 215,745,910 kg CO2e, this represents an increase in emissions. SOHO China has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. This target also extends to Scope 3 emissions, which encompass emissions from purchased goods and services, the use of sold products, and downstream leased assets. These commitments align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The company has been proactive in its climate strategy, with a long-term goal of achieving net-zero emissions across all scopes by 2050. This commitment reflects SOHO China's recognition of the importance of sustainable practices within the real estate sector in China.
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| 2017 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,239,540 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 20,862,680 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Soho China's Industry?
How Carbon Intensive is Soho China's Location?
Soho China's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Soho China has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
