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Sun Hung Kai Properties
Sun Hung Kai Properties Limited, commonly referred to as SHKP, is a leading property developer headquartered in Hong Kong, China. Established in 1963, the company has grown to become one of the largest real estate firms in Asia, with a strong presence in residential, commercial, and retail sectors. SHKP is renowned for its innovative approach to property development, offering a diverse portfolio that includes luxury residential complexes, office towers, and shopping malls. The company’s commitment to quality and sustainability sets it apart in the competitive real estate market. With numerous accolades and a solid market position, Sun Hung Kai Properties continues to shape the urban landscape, contributing significantly to Hong Kong's development and beyond. Its strategic focus on customer satisfaction and community enhancement underscores its reputation as a trusted leader in the property industry.
DitchCarbon Score
How does Sun Hung Kai Properties'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
Sun Hung Kai Properties's score of 54 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sun Hung Kai Properties's reported carbon emissions
In 2024, Sun Hung Kai Properties (SHKP) reported total carbon emissions of approximately 2,000,000,000 kg CO2e, with emissions distributed across various scopes: 43,835,000 kg CO2e (Scope 1), 205,935,000 kg CO2e (Scope 2, market-based), and a significant 1,774,722,000 kg CO2e (Scope 3). This represents a notable increase in Scope 3 emissions compared to previous years, where in 2023, Scope 3 emissions were reported at 209,000 kg CO2e. SHKP has set ambitious climate commitments, supporting the Climate Action Plan 2050 and the Hong Kong government's Energy Saving Plan for the Built Environment 2015-2025+. The company aims for carbon neutrality by 2050 and is actively participating in the Carbon Neutrality Partnership. Additionally, SHKP has committed to reducing the greenhouse gas emissions intensity of its EOC-monitored buildings by 25% by 2030, using 2019/20 as the baseline for Scope 1 and 2 emissions. The company has disclosed emissions data across all three scopes, demonstrating transparency in its reporting. The intensity of emissions for its head office and construction activities has been monitored, with specific metrics provided for various operational categories. Overall, SHKP is on a long-term trajectory towards significant emissions reductions, aligning with global climate goals.
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| 2013 | 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,621,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 227,648,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,249,000 | 0,000,000 | - | - | - | - | 0,000 | 00,000 | 000,000 | 0,000,000,000 |
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.
Sun Hung Kai Properties is not participating in any of the initiatives that 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.
