Vanke
Vanke Co., Ltd., commonly known as Vanke, is a leading Chinese real estate developer headquartered in Shenzhen. Established in 1984, Vanke has grown to become a prominent player in the property development industry, with significant operations across major cities in China and expanding interests in international markets. Specialising in residential and commercial real estate, Vanke is renowned for its innovative urban development projects and commitment to sustainable building practices. The company has achieved numerous milestones, including being listed among the top real estate firms globally, reflecting its strong market position and reputation for quality. Vanke's core offerings include residential communities, office spaces, and mixed-use developments, distinguished by their design excellence and integration of green technologies. With a focus on enhancing urban living, Vanke continues to set benchmarks in the industry, making it a key contributor to China's urbanisation efforts.
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 61% 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 tonnes CO2e, with emissions distributed across various scopes: about 7,807 tonnes CO2e from Scope 1, around 195,925 tonnes CO2e from Scope 2, and approximately 797,904 tonnes CO2e from Scope 3. The Scope 3 emissions primarily stem from investments, which accounted for about 789,931 tonnes CO2e. In 2022, Vanke's total emissions were approximately 564,255 tonnes CO2e, with Scope 1 emissions at about 11,129 tonnes CO2e, Scope 2 emissions around 160,060 tonnes CO2e, and Scope 3 emissions reaching approximately 566,881 tonnes CO2e. This indicates a significant increase in emissions from 2022 to 2023. Vanke has not publicly outlined specific reduction targets or initiatives in the provided data. However, their performance in carbon disclosure has been rated variably, with scores ranging from "F" to "D" in recent assessments. This suggests a need for improvement in their climate commitments and transparency regarding emissions reduction strategies. Overall, Vanke's emissions data highlights the importance of addressing both direct and indirect emissions as part of their climate strategy, particularly in the context of their substantial Scope 3 emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 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 committed to some 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.
