Hongkong Land Holdings Limited, commonly known as Hongkong Land, is a leading property investment, management, and development company headquartered in Hong Kong. Established in 1889, the firm has built a strong reputation in the real estate industry, primarily operating across Asia, with significant interests in Hong Kong, Singapore, and mainland China.
Specialising in premium commercial and residential properties, Hongkong Land is renowned for its iconic developments, including the prestigious Landmark in Central Hong Kong. The company’s commitment to quality and sustainability sets it apart in a competitive market, ensuring it remains a key player in the region. With a robust portfolio and a focus on long-term value creation, Hongkong Land continues to achieve notable milestones, solidifying its position as a trusted name in the property sector.
-4 vs industry average
Hongkong Land’s score of 24 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hongkong Land's reported carbon emissions
In 2024, Hongkong Land reported total carbon emissions of approximately 12,528,000,000 kg CO2e, which includes Scope 1 emissions of about 2,877,000 kg CO2e, Scope 2 emissions of approximately 122,384,000 kg CO2e, and significant Scope 3 emissions, primarily from capital goods at about 6,745,427,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 46.2% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using a 2019 baseline. Additionally, Hongkong Land targets a 22% reduction in carbon intensity for Scope 3 emissions per square metre of new built area within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable operations across Asia, including Hong Kong.
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Hongkong Land’s Climate Goals (2030 & 2050)
2 goals2030
46.2% reduction in all scopes
Absolute Scope 1 and 2 greenhouse gas (GHG) emissions - down 46.2% by 2030 from a 2019 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hongkong Land
Frequently asked questions
Common questions about Hongkong Land’s sustainability data and climate commitments
Data year: 2024
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