Shui On Land

Shui On Land, a real estate services company headquartered in China, reported its Scope 1 and 2 greenhouse gas emissions for 2023 as approximately 91,114,162 kg CO2e. This includes about 9,932,098 kg CO2e from Scope 1 and 81,182,063 kg CO2e from Scope 2. For context, in 2022, their Scope 1 and 2 emissions were around 81,496,441 kg CO2e.

Shui On Land has set several climate commitments. The company is committed to reducing its Scope 1 and 2 GHG emissions intensity (per square meter) by 62.4% by 2030, from a 2019 base year. This target has been validated by the Science Based Targets initiative (SBTi) and is consistent with reductions required to keep warming to 1.5°C. Additionally, the company aims to reduce its Scope 3 carbon emissions intensity from purchased goods and services, and from downstream leased assets, by 22% by 2030, also from a 2019 base year. Earlier, Shui On Land had also committed to a 25% reduction in Scope 1 and 2 GHG emissions intensity by 2024, from a 2019 baseline.