Shui On Land

Shui On Land, a real estate services company headquartered in China, reported Scope 1 and 2 emissions for the 2023 reporting year. Its Scope 1 emissions totalled approximately 9,932,098 kg CO2e, and Scope 2 emissions were around 81,182,063 kg CO2e. This resulted in a combined Scope 1 and 2 total of approximately 91,114,162 kg CO2e for 2023.

For the 2022 reporting year, Shui On Land reported Scope 1 emissions of approximately 8,371,500 kg CO2e and Scope 2 emissions of about 73,120,531 kg CO2e, with a combined Scope 1 and 2 total of approximately 81,496,441 kg CO2e.

In 2021, the company's Scope 1 emissions were approximately 6,665,586 kg CO2e, and Scope 2 emissions were approximately 76,385,050 kg CO2e, leading to a Scope 1 and 2 total of approximately 83,043,200 kg CO2e.

Shui On Land has set ambitious climate targets. It aims to reduce its Scope 1 and 2 GHG emissions intensity by 62.4% by 2030, using 2019 as its base year. Furthermore, the company is committed to reducing Scope 3 carbon emissions intensity from both purchased goods and services and downstream leased assets by 22% by 2030, also from a 2019 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and are consistent with limiting warming to 1.5°C.

In the near term, Shui On Land also committed to reducing Scope 1 and 2 GHG emissions intensity by 25% by 2024 from a 2019 baseline. The company's climate commitments are its own, without data being cascaded from a parent organisation.