Wing Tai Properties
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.
DitchCarbon Score
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.
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
Wing Tai Properties's score of 8 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Wing Tai Properties's reported carbon emissions
In 2023, Wing Tai Properties reported total carbon emissions of approximately 7,778,000 kg CO2e, comprising 493,000 kg CO2e from Scope 1 and 7,285,000 kg CO2e from Scope 2 emissions. This marked a significant increase in emissions compared to previous years, particularly from Scope 2, which reflects the company's energy consumption in its operations. In 2022, the company recorded total emissions of about 9,903,000 kg CO2e, with 635,000 kg CO2e from Scope 1 and 8,930,000 kg CO2e from Scope 2. The trend indicates a growing reliance on energy-intensive operations, particularly in the hospitality sector, which has a GHG emission intensity of about 35.0 kg CO2e per room night in 2023. Despite these figures, Wing Tai Properties has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments in line with industry standards. The company operates in a sector increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear sustainability goals to mitigate climate change effects.
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Add to project| 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 | - | - | - | - | - |
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.
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.
