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 51 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sun Hung Kai Properties (SHKP) reported total carbon emissions of approximately 210,896,000 kg CO2e from Scope 2 and 45,827,000 kg CO2e from Scope 1, alongside 209,000 kg CO2e from Scope 3 emissions related to business travel. The company has shown a commitment to reducing its carbon footprint, with a notable decrease in Scope 1 and 2 emissions over the years. For instance, in 2021, Scope 1 emissions were 37,885,000 kg CO2e and Scope 2 emissions were 208,992,000 kg CO2e, indicating a trend towards lower emissions. SHKP has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the company continues to focus on improving its energy efficiency and reducing greenhouse gas emissions across its operations. The reported GHG emission intensity for the head office in 2023 was 70 kg CO2e per tonne, reflecting ongoing efforts to enhance sustainability practices. Overall, while specific reduction targets are not outlined, SHKP's emissions data suggests a proactive approach to managing and mitigating its environmental impact in the context of its operations in China.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.