Vanke
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.
DitchCarbon Score
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.
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
Vanke's score of 27 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vanke's reported carbon emissions
In 2023, Vanke reported total carbon emissions of approximately 7807316.6 kg CO2e for Scope 1, 195925305.5 kg CO2e for Scope 2, and a significant 797904762.5 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and 2 emissions reached about 203732622.2 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2022, Vanke's emissions were higher, with Scope 1 at approximately 11129891.8 kg CO2e, Scope 2 at 160060107.9 kg CO2e, and Scope 3 at 566880540.6 kg CO2e, leading to a total of about 171189999.5 kg CO2e for Scope 1 and 2 combined. The 2023 figures indicate a reduction in Scope 1 emissions and a notable increase in Scope 2 emissions, while Scope 3 emissions also saw an increase. Vanke has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is sourced directly from China Vanke Co., Ltd., with no cascaded data from parent or related organizations. Overall, Vanke's commitment to transparency in emissions reporting is evident, although further details on reduction strategies and climate commitments would enhance their sustainability profile.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,944,240 | 0,000,000.0 | 00,000,000.0 | 0,000,000.0 |
| Scope 2 | 20,112,210 | 000,000,000.0 | 000,000,000.0 | 000,000,000.0 |
| Scope 3 | - | 000,000,000.0 | 000,000,000.0 | 000,000,000.0 |
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.
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.
