Vanke Real Estate (Hong Kong) Company Ltd Sustainability Profile
Vanke Real Estate (Hong Kong) Company Ltd., a prominent player in the real estate industry, is headquartered in Hong Kong and operates extensively across the Asia-Pacific region. Founded in 1984, Vanke has established itself as a leader in property development, focusing on residential, commercial, and mixed-use projects that cater to diverse market needs. The company is renowned for its commitment to quality and innovation, offering unique living spaces that blend modern design with sustainable practices. Vanke's strategic approach has led to significant milestones, including numerous awards for excellence in architecture and urban development. With a strong market position, Vanke continues to shape the urban landscape, making it a trusted name in real estate investment and development in Hong Kong and beyond.
DitchCarbon Score
How does Vanke Real Estate (Hong Kong) Company Ltd'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 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 Real Estate (Hong Kong) Company Ltd's score of 15 is lower than 100% 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 Real Estate (Hong Kong) Company Ltd currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of China Vanke Co., Ltd., which may influence its climate commitments and performance metrics. As a subsidiary, Vanke Real Estate (Hong Kong) inherits its emissions data and climate initiatives from its parent company, China Vanke Co., Ltd. However, no specific reduction targets or climate pledges have been documented for Vanke Real Estate (Hong Kong) at this time. The absence of data suggests that the company may still be in the process of establishing its own distinct climate strategy or reporting framework. In the broader context, the real estate industry is increasingly focusing on sustainability and carbon reduction, with many companies setting ambitious targets to align with global climate goals. Vanke Real Estate (Hong Kong) may benefit from the initiatives and strategies implemented by its parent company, which is likely to be engaged in efforts to reduce its carbon footprint and enhance sustainability practices across its operations.
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| 2013 | 2014 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000.0 | 00,000,000.0 | 0,000,000.0 |
| Scope 2 | 15,469,000 | 00,000,000 | 00,000,000 | 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 |
How Carbon Intensive is Vanke Real Estate (Hong Kong) Company Ltd's Industry?
How Carbon Intensive is Vanke Real Estate (Hong Kong) Company Ltd's Location?
Vanke Real Estate (Hong Kong) Company Ltd's Scope 3 Categories Breakdown
Vanke Real Estate (Hong Kong) Company Ltd's Scope 3 emissions, which increased by 41% last year and increased by approximately 280% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 99% of Scope 3 emissions.
Top Scope 3 Categories
Vanke Real Estate (Hong Kong) Company Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Vanke Real Estate (Hong Kong) Company Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
