Wing Tai Holdings Limited, commonly referred to as Wing Tai, is a prominent player in the real estate and lifestyle sectors, headquartered in Singapore (SG). Established in 1955, the company has evolved significantly, marking key milestones in property development, investment, and management across Asia, particularly in Singapore, Malaysia, and China. Specialising in residential, commercial, and retail properties, Wing Tai is renowned for its commitment to quality and innovation. The company’s portfolio includes luxury developments and well-known retail brands, setting it apart in a competitive market. With a strong emphasis on sustainability and design excellence, Wing Tai has garnered numerous accolades, solidifying its position as a leader in the industry.
How does Wing Tai Holdings'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.
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.
Wing Tai Holdings's score of 13 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Wing Tai Holdings reported carbon emissions of approximately 2,649,000 kg CO2e for Scope 2 and 161,000 kg CO2e for Scope 3 in Singapore. The previous year, 2022, saw emissions of about 2,665,000 kg CO2e for Scope 2 and 324,000 kg CO2e for Scope 3 in the same region. This indicates a slight reduction in Scope 3 emissions year-on-year. For the broader context, in 2021, the company recorded 1,525,000 kg CO2e in Scope 2 emissions in Singapore, highlighting a significant increase in emissions over the subsequent years. The Scope 2 emissions in Malaysia for 2023 were reported at 350,000 kg CO2e, with Scope 3 emissions at 187,000 kg CO2e. Despite these figures, Wing Tai Holdings has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. Overall, the company is navigating a complex landscape of emissions management, with a focus on Scope 2 emissions, which are primarily associated with energy consumption in their operations.
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.
Wing Tai Holdings 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.