Wharf Holdings

Wharf Holdings, a real estate services company based in HK, reported approximately 3.7 billion kg CO2e in total emissions for the 2024 reporting year. This figure encompasses Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were approximately 17.0 million kg CO2e, Scope 2 emissions were about 100.9 million kg CO2e, and Scope 3 emissions were approximately 3.43 billion kg CO2e.

For the 2025 reporting year, Wharf Holdings reported total emissions of approximately 3.11 billion kg CO2e. This breaks down into Scope 1 emissions of roughly 19.1 million kg CO2e, Scope 2 emissions of approximately 122.7 million kg CO2e, and Scope 3 emissions of about 1.79 billion kg CO2e.

Wharf Holdings has committed to significant climate targets. Through the Science Based Targets initiative (SBTi), the company has set near-term targets to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by FY2030, using FY2022 as a base year. Furthermore, they are committed to reducing absolute Scope 3 GHG emissions from capital goods, downstream leased assets, and investments by 25% within the same timeframe. These targets are consistent with keeping warming to 1.5°C. The emissions data reported for 2023 indicated a total of approximately 63.0 million kg CO2e, with Scope 1 at about 16.7 million kg CO2e and Scope 2 at approximately 138.9 million kg CO2e. Scope 3 emissions for 2023 were approximately 46.3 million kg CO2e.