Yuexiu Property

In 2023, Yuexiu Property reported total carbon emissions of approximately 64,337,490 kg CO2e, comprising about 1,932,020 kg CO2e from Scope 1 and about 62,405,470 kg CO2e from Scope 2 emissions. This reflects a slight increase in emissions compared to 2022, where total emissions were about 64,131,000 kg CO2e, with Scope 1 at approximately 1,795,560 kg CO2e and Scope 2 at about 62,335,440 kg CO2e. Over the years, Yuexiu Property has demonstrated fluctuations in its emissions profile. In 2021, the company recorded total emissions of about 72,322,730 kg CO2e, with Scope 1 emissions at approximately 3,491,210 kg CO2e and Scope 2 emissions at about 68,831,520 kg CO2e. The trend indicates a need for ongoing efforts to manage and reduce emissions effectively. Despite the emissions data, there are currently no specified reduction targets or climate pledges from Yuexiu Property. The absence of formal commitments highlights an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability and carbon reduction. As the real estate sector increasingly prioritises environmental responsibility, Yuexiu Property's future initiatives could benefit from establishing clear reduction goals and engaging in climate action frameworks.