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 46 is higher than 95% 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 2023, Sun Hung Kai Properties reported total carbon emissions of approximately 258,123,000 kg CO2e, comprising 45,827,000 kg CO2e from Scope 1 and 210,896,000 kg CO2e from Scope 2 emissions. Additionally, the company recorded Scope 3 emissions of about 209,000 kg CO2e, primarily from business travel. The company has demonstrated a commitment to reducing its carbon footprint, with a notable decrease in emissions over the years. For instance, in 2021, total emissions were approximately 250,000,000 kg CO2e, indicating a reduction in emissions intensity. However, specific reduction targets or initiatives have not been disclosed, and there are no reported commitments to the Science Based Targets initiative (SBTi) or other formal climate pledges. Sun Hung Kai Properties continues to focus on improving its operational efficiency and reducing its environmental impact, aligning with industry standards for sustainability and climate action.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 59,227,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 307,743,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 0,000 | 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 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.
