Shui On Land Limited, a prominent player in the real estate and urban development sector, is headquartered in China. Established in 1997, the company has made significant strides in transforming urban landscapes, primarily operating in major cities across China, including Shanghai and Guangzhou.
Specialising in property development, investment, and management, Shui On Land is renowned for its innovative mixed-use developments that seamlessly integrate residential, commercial, and cultural spaces. The company’s commitment to sustainable design and community-focused projects sets it apart in a competitive market.
With a strong market position, Shui On Land has achieved notable milestones, including the successful launch of several flagship projects that have garnered industry accolades. Its dedication to quality and excellence continues to drive its reputation as a leader in the Chinese real estate industry.
-4 vs industry average
Shui On Land’s score of 24 is lower than 41% 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 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Shui On Land's reported carbon emissions
In 2023, Shui On Land reported total greenhouse gas emissions of approximately 91,114,162 kg CO2e, comprising 9,932,098 kg CO2e from Scope 1 and 81,182,063 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce its carbon footprint, aiming for a 62.4% reduction in Scope 1 and 2 emissions intensity by 2030, using 2019 as the baseline year. Additionally, Shui On Land is committed to reducing Scope 3 emissions intensity from purchased goods and services, as well as downstream leased assets, by 22% by 2030, also from a 2019 baseline. Shui On Land's commitment to sustainability is further underscored by its near-term target to reduce Scope 1 and 2 emissions intensity by 25% by 2024. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's dedication to addressing climate change within the real estate sector. The emissions data and reduction initiatives are sourced directly from Shui On Land Limited, with no data cascaded from a parent organization.
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Shui On Land’s Climate Goals (2030 & 2050)
3 goals2024
25% reduction in all scopes
Reduction of Scope 1 and 2 GHG emissions intensity by 25% by 2024, 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
No scope 3 category breakdown has been disclosed yet.
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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Shui On Land
Frequently asked questions
Common questions about Shui On Land’s sustainability data and climate commitments
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