Vanke Co., Ltd., commonly known as Vanke, is a leading real estate developer headquartered in Shenzhen, China (CN). Founded in 1984, Vanke has established a strong presence across major operational regions, including Beijing, Shanghai, and Guangzhou. The company primarily operates in the real estate industry, focusing on residential and commercial property development, as well as property management services. Vanke is renowned for its commitment to sustainable development and innovative design, setting it apart in a competitive market. With a diverse portfolio that includes high-quality residential communities and commercial complexes, Vanke has achieved significant milestones, including being listed among the top real estate companies in China. Its dedication to excellence and customer satisfaction has solidified its position as a market leader, making Vanke a prominent name in the global real estate landscape.
How does Vanke'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.
Vanke's score of 40 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Vanke reported total carbon emissions of approximately 355,735,918.4 kg CO2e across all scopes, with Scope 1 emissions at about 14,570,200 kg CO2e, Scope 2 emissions at approximately 261,326,830 kg CO2e, and Scope 3 emissions at around 355,735,918.4 kg CO2e. The combined emissions for Scope 1 and 2 totalled about 275,897,031.3 kg CO2e. For 2023, Vanke's emissions were approximately 274,948,483.7 kg CO2e for Scope 3, with Scope 1 and 2 emissions combined at about 261,326,833.4 kg CO2e. In 2022, the company reported similar figures, with Scope 3 emissions at around 181,473,976.7 kg CO2e and a total for Scope 1 and 2 of about 275,897,031.3 kg CO2e. Vanke has set significant climate commitments, aiming to peak total carbon dioxide emissions from Scopes 1 and 2 by 2030 or earlier. Additionally, the company plans to reduce the electricity intensity of public areas in 20 SCPG shopping malls by 6% by 2025, using 2021 as a baseline. By 2030, Vanke aims to achieve a 9% reduction in carbon emissions across at least 20 SCPG shopping centres, again against a 2021 baseline. These initiatives reflect Vanke's commitment to addressing climate change and reducing its carbon footprint in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 2,944,240 | 0,000,000.0 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 20,112,210 | 000,000,000.0 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 000,000,000.0 | 000,000,000.0 | 000,000,000.0 | 000,000,000.0 |
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.
Vanke 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.