Wing Tai Properties Sustainability Profile
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 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wing Tai Properties's reported carbon emissions
In 2024, Wing Tai Properties, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 11,670,000 kg CO2e, comprising 2,076,000 kg CO2e from Scope 1 and 9,147,000 kg CO2e from Scope 2. This data reflects their ongoing commitment to transparency in emissions reporting. The company has set ambitious reduction targets, aiming for a 25% reduction in Scope 1 emissions and a 20% reduction in Scope 2 emissions by 2030, with the baseline year being 2020. These targets demonstrate their proactive approach to mitigating climate impact and aligning with industry standards. In previous years, Wing Tai Properties reported emissions of approximately 7,800,000 kg CO2e in 2023 (Scope 2 only) and 6,350,000 kg CO2e in 2022 (Scope 1: 635,000 kg CO2e; Scope 2: 8,903,000 kg CO2e). The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations. Overall, Wing Tai Properties is committed to reducing its carbon footprint and enhancing sustainability practices within the real estate sector, reflecting a growing trend among companies to address climate change proactively.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 190,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 13,681,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
How Carbon Intensive is Wing Tai Properties's Industry?
How Carbon Intensive is Wing Tai Properties's Location?
Wing Tai Properties'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.
Wing Tai Properties 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.
