Wing Tai Properties Limited, headquartered in Hong Kong, is a prominent player in the real estate industry, specialising in property development, investment, and management. Established in 1991, the company has made significant strides in the market, focusing on high-quality residential, commercial, and retail projects across Hong Kong and mainland China. Renowned for its commitment to excellence, Wing Tai Properties offers a diverse portfolio that includes luxury residential developments and innovative commercial spaces. The company distinguishes itself through its sustainable design practices and customer-centric approach, ensuring that each project meets the evolving needs of its clientele. With a strong market position, Wing Tai Properties has garnered numerous accolades for its contributions to urban development, solidifying its reputation as a leader in the real estate sector.
How does Wing Tai Properties'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 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.
Wing Tai Properties's score of 28 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Wing Tai Properties reported total carbon emissions of approximately 493,000 kg CO2e for Scope 1 and about 6,778,000 kg CO2e for Scope 2. This reflects their ongoing commitment to monitoring and managing greenhouse gas emissions across their operations. The company has demonstrated a significant reduction in Scope 2 emissions from 11,616,000 kg CO2e in 2020 to 6,778,000 kg CO2e in 2023, indicating a proactive approach to energy efficiency and sustainability. However, there are no specified reduction targets or initiatives disclosed, which suggests that while they are tracking emissions, formal commitments to reduction strategies may not be in place. Wing Tai Properties operates primarily in the hospitality and property management sectors, with reported GHG emission intensities of about 35 kg CO2e per room night in hospitality management for 2023. The company continues to focus on improving its operational efficiencies to further reduce its carbon footprint. Overall, while Wing Tai Properties has made strides in emissions management, the absence of formal reduction targets highlights an area for potential growth in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 265,000 | 000,000 | - | 000,000 | 000,000 |
Scope 2 | 11,116,000 | 00,000,000 | 000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | - |
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 Properties 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.