Red Star Macalline
Red Star Macalline, officially known as Red Star Macalline Group Corporation, is a leading player in the home furnishing and retail industry, headquartered in China. Established in 1999, the company has grown significantly, with a strong presence in major operational regions across the country, including Beijing, Shanghai, and Guangzhou. Specialising in home improvement and furnishing products, Red Star Macalline offers a diverse range of services, from furniture retail to interior design solutions. Its unique business model combines traditional retail with e-commerce, catering to a broad customer base. The company has achieved notable milestones, including being recognised as one of the largest home furnishing retailers in China, solidifying its market position through innovation and customer-centric strategies.
DitchCarbon Score
How does Red Star Macalline'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
Red Star Macalline's score of 14 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Red Star Macalline's reported carbon emissions
In 2023, Red Star Macalline reported significant carbon emissions from its operations in China, with Scope 1 emissions totalling approximately 73,928,960 kg CO2e and Scope 2 emissions reaching about 346,335,370 kg CO2e. This data reflects a commitment to transparency in emissions reporting, although no Scope 3 emissions data was disclosed. Comparatively, in 2022, the company recorded Scope 1 emissions of about 73,361,850 kg CO2e and Scope 2 emissions of approximately 892,405,790 kg CO2e. This indicates a reduction in Scope 2 emissions, which is a positive step towards mitigating their carbon footprint. Despite these figures, Red Star Macalline has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company has not cascaded any emissions data from a parent organisation, maintaining its own reporting standards. Overall, while Red Star Macalline has made strides in emissions reporting, the lack of defined climate commitments or reduction targets suggests an area for potential improvement in their sustainability strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 48,141,030 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 326,723,950 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
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.
Red Star Macalline 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.
