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Sun Hung Kai Properties (SHKP), headquartered in China, is a leading player in the real estate services industry, specifically focusing on property development and investment. Founded in 1963, SHKP has established a strong presence in Hong Kong and mainland China, with a diverse portfolio that includes residential, commercial, and retail properties.
The company is renowned for its commitment to quality and innovation, offering unique developments that enhance urban living. Notable achievements include being one of the largest property developers in Hong Kong, with a reputation for delivering iconic projects that shape the skyline. SHKP's strategic approach and extensive market knowledge position it as a formidable force in the real estate sector, continually setting benchmarks for excellence in property services.
+12 vs industry average
Sun Hung Kai Properties’s score of 41 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Sun Hung Kai Properties, a real estate services company headquartered in China, reported its most recent emissions for 2025.
In 2025, Sun Hung Kai Properties's global emissions totalled approximately 1.1 billion kg CO2e. This included about 49.2 million kg CO2e from Scope 1 emissions, 584.8 million kg CO2e from Scope 2 market-based emissions, and approximately 986.0 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions included use of sold products (around 658.6 million kg CO2e), downstream leased assets (approximately 316.2 million kg CO2e), and capital goods (about 220.3 million kg CO2e).
For 2024, the company's global emissions were approximately 551.1 million kg CO2e, comprising around 18.0 million kg CO2e in Scope 1, 200.2 million kg CO2e in Scope 2 market-based, and approximately 332.9 million kg CO2e in Scope 3.
In 2023, Sun Hung Kai Properties's global emissions were approximately 569.2 million kg CO2e, with Scope 1 emissions at about 17.3 million kg CO2e, Scope 2 market-based emissions at around 212.9 million kg CO2e, and Scope 3 emissions at approximately 339.8 million kg CO2e.
Looking back, in 2022, the company reported global emissions of approximately 253.0 million kg CO2e, including about 40.8 million kg CO2e in Scope 1, 212.3 million kg CO2e in Scope 2 market-based, and approximately 28,000 kg CO2e in Scope 3 (specifically business travel).
Sun Hung Kai Properties is committed to reducing its environmental impact. The company supports the Climate Action Plan 2050 and the HKSAR government’s Energy Saving Plan for Hong Kong’s Built Environment 2015-2025+. In alignment with the government’s plan for carbon neutrality by 2050, Sun Hung Kai Properties participates in the Carbon Neutrality Partnership, targeting Scope 1 and Scope 2 emissions for long-term net-zero goals by 2050. Additionally, the company aims to reduce the Scope 1 and Scope 2 greenhouse gas emissions intensity of EOC-monitored buildings by 25% by 2029/30, using 2019/20 as the base year.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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