Esr, officially known as ESR Cayman Limited, is a leading logistics and real estate investment firm headquartered in Hong Kong. Founded in 2011, the company has rapidly expanded its footprint across Asia-Pacific, with significant operations in China, Japan, South Korea, and Australia. Specialising in the development and management of logistics and industrial properties, Esr stands out for its innovative approach to sustainable design and technology integration. With a robust portfolio that includes state-of-the-art warehouses and distribution centres, Esr has established itself as a key player in the logistics sector. The company has achieved notable milestones, including its successful listing on the Hong Kong Stock Exchange in 2019. Recognised for its commitment to excellence, Esr continues to drive growth and set industry standards in the logistics real estate market.
How does Esr'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.
Esr's score of 25 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ESR reported total carbon emissions of approximately 248,290,000 kg CO2e, comprising 14,730,000 kg CO2e from Scope 1 and 233,560,000 kg CO2e from Scope 2 emissions. This marks a significant commitment to transparency in their environmental impact, although no data on Scope 3 emissions was disclosed. In 2022, the company recorded total emissions of about 278,070,000 kg CO2e globally, with 13,850,000 kg CO2e from Scope 1 and 264,220,000 kg CO2e from Scope 2. This indicates a slight reduction in emissions compared to the previous year, reflecting ongoing efforts to manage their carbon footprint. ESR has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges, which suggests a need for further commitment in this area. The absence of documented reduction targets highlights an opportunity for ESR to enhance its climate strategy and align with industry standards for sustainability. Overall, while ESR demonstrates a commitment to reporting its emissions, the lack of defined reduction goals may limit its effectiveness in addressing climate change proactively.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 12,300,000 | 00,000,000 | 0,000,000 | - | 00,000,000 | 00,000,000 |
Scope 2 | 12,300,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 12,300,000 | 00,000,000 | - | - | - | - |
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.
Esr is not participating in any of the initiatives that 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.