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 30 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vanke's reported carbon emissions
In 2023, Vanke reported total carbon emissions of approximately 797,904,762.5 kg CO2e, with emissions distributed across various scopes: 7,807,316.6 kg CO2e (Scope 1), 195,925,305.5 kg CO2e (Scope 2), and 797,904,762.5 kg CO2e (Scope 3). The Scope 3 emissions were primarily driven by investments, accounting for about 789,931,384.8 kg CO2e. In 2022, Vanke's total emissions were approximately 564,255,353.0 kg CO2e, with Scope 1 emissions at 11,129,891.8 kg CO2e, Scope 2 at 160,060,107.9 kg CO2e, and Scope 3 at 566,880,540.6 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. For 2021, Vanke's emissions totalled approximately 234,458,767.2 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at 9,472,400.5 kg CO2e and Scope 2 at 224,986,366.6 kg CO2e. Scope 3 emissions were reported at 209,819,381.3 kg CO2e. Despite the substantial emissions figures, Vanke has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company continues to report emissions across all three scopes, indicating a comprehensive approach to tracking their carbon footprint.
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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 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.
