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 52 is higher than 97% 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 significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 43,835,000 kg CO2e, while Scope 2 emissions totalled approximately 205,935,000 kg CO2e (market-based). The majority of emissions stemmed from Scope 3, amounting to around 1,774,722,000 kg CO2e, which includes categories such as the use of sold products and downstream leased assets. SHKP has committed to long-term carbon neutrality by 2050, aligning with the Hong Kong government's Climate Action Plan. This commitment includes participation in the Carbon Neutrality Partnership and aims to reduce Scope 1 and Scope 2 greenhouse gas emissions intensity by 25% by the year 2030, using 2019/20 as the baseline year. In 2023, the company reported slightly lower emissions, with Scope 1 at approximately 45,827,000 kg CO2e and Scope 2 at about 210,896,000 kg CO2e. The data indicates a proactive approach to managing and reducing carbon emissions, reflecting SHKP's dedication to sustainability in the built environment.
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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 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.
