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.
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.
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.
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.
In 2024, Sun Hung Kai Properties (SHKP) reported total carbon emissions of approximately 1,777,000,000 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 1,774,722,000 kg CO2e (Scope 3). The company has demonstrated a commitment to reducing its carbon footprint, aligning with the Hong Kong government's Climate Action Plan 2050 and the Energy Saving Plan for Hong Kong’s Built Environment 2015-2025+. SHKP aims for long-term carbon neutrality by 2050, focusing on significant reductions in Scope 1 and Scope 2 emissions. Specifically, the company has set a target to reduce the greenhouse gas emissions intensity of EOC-monitored buildings by 25% by 2030, using 2019/20 as the baseline year. This initiative reflects SHKP's proactive approach to managing its environmental impact and contributing to broader climate goals. The emissions data is not cascaded from any parent organization, indicating that SHKP independently reports its emissions and climate commitments. The company continues to enhance its sustainability practices, ensuring transparency and accountability in its environmental performance.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.