Yuexiu Property Sustainability Profile
Yuexiu Property Company Limited, commonly referred to as Yuexiu Property, is a prominent player in the real estate industry, headquartered in Hong Kong. Established in 1992, the company has made significant strides in property development, investment, and management, primarily focusing on residential, commercial, and mixed-use projects across major cities in China. With a commitment to quality and innovation, Yuexiu Property has developed a diverse portfolio that includes iconic skyscrapers and sustainable living spaces. The company is recognised for its strategic land acquisitions and strong market presence, positioning it as one of the leading property developers in the region. Notable achievements include numerous awards for excellence in design and sustainability, underscoring its dedication to enhancing urban living.
DitchCarbon Score
How does Yuexiu Property'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
Yuexiu Property's score of 22 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yuexiu Property's reported carbon emissions
In 2023, Yuexiu Property, headquartered in Hong Kong, reported total carbon emissions of approximately 64,337,490 kg CO2e, comprising 1,932,020 kg CO2e from Scope 1 and 62,405,470 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2022, when total emissions were about 64,131,000 kg CO2e, with Scope 1 emissions at 1,795,560 kg CO2e and Scope 2 emissions at 62,335,440 kg CO2e. Yuexiu Property has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. The reported emissions intensity metrics for 2023 include approximately 3,340 kg CO2e per employee and 0.0008 kg CO2e per million RMB in revenue. These figures suggest a focus on measuring emissions relative to operational scale, although no specific reduction initiatives have been outlined. Overall, while Yuexiu Property has made strides in emissions reporting, the absence of reduction targets and initiatives may hinder its climate leadership in the property sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,488,440 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 54,901,410 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Yuexiu Property's Industry?
How Carbon Intensive is Yuexiu Property's Location?
Yuexiu Property'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.
Yuexiu Property 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.
