Hysan Development
Hysan Development Company Limited, commonly known as Hysan, is a prominent property investment and development firm headquartered in Hong Kong (HK). Established in 1978, Hysan has made significant strides in the real estate industry, focusing on commercial, retail, and residential properties primarily in Hong Kong. The company is renowned for its innovative approach to urban development, with a portfolio that includes iconic landmarks such as Lee Gardens and Hysan Place. Hysan's commitment to sustainability and community engagement sets it apart in a competitive market, positioning it as a leader in the industry. With a strong emphasis on quality and design, Hysan continues to achieve notable milestones, reinforcing its status as a key player in Hong Kong's dynamic property landscape.
DitchCarbon Score
How does Hysan Development'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
Hysan Development's score of 48 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hysan Development's reported carbon emissions
In 2024, Hysan Development, headquartered in Hong Kong, reported total carbon emissions of approximately 159,166,500 kg CO2e, with emissions distributed across all three scopes: 1, 2, and 3. Specifically, Scope 1 emissions were about 1,051,000 kg CO2e, Scope 2 emissions totalled approximately 32,847,000 kg CO2e, and Scope 3 emissions accounted for the majority at around 159,166,500 kg CO2e. The combined Scope 1 and 2 emissions reached about 33,898,000 kg CO2e. Hysan has set ambitious climate commitments, aiming for a significant reduction in emissions. The company has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2031 from a 2021 baseline, and by an impressive 99.6% by 2050. Additionally, Hysan plans to reduce absolute Scope 3 emissions by 46.2% by 2031 and 99.6% by 2050, using 2023 as the baseline year for these targets. Hysan Development is also committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050, aligning its targets with the 1.5°C climate goal. These commitments reflect Hysan's proactive approach to addressing climate change and reducing its carbon footprint in the real estate sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 23,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 41,139,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Hysan Development is participating in some 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.
