China Evergrande Group, often referred to simply as Evergrande, is a leading property developer headquartered in Shenzhen, CN. Founded in 1996, the company has rapidly expanded its operations across major regions in China, establishing a significant presence in the real estate sector. Specialising in residential and commercial property development, Evergrande is renowned for its large-scale projects and innovative urban planning. The company has achieved notable milestones, including becoming one of the largest property developers in the world by sales volume. With a diverse portfolio that includes luxury residential complexes, commercial properties, and cultural tourism projects, Evergrande distinguishes itself through its commitment to quality and sustainability. Despite facing recent challenges, its market position remains influential, reflecting its pivotal role in shaping China's urban landscape.
How does China Evergrande Group'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.
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.
China Evergrande Group's score of 15 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Evergrande Group, headquartered in CN, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to mitigate its carbon footprint. As a current subsidiary, China Evergrande Group's climate initiatives and emissions data may be influenced by its corporate family relationships. However, no specific initiatives or targets have been cascaded from its parent organization or related entities. In the context of the construction and real estate industry, where carbon emissions are a significant concern, the absence of clear climate commitments may impact the company's reputation and operational sustainability. It is essential for organisations in this sector to adopt robust climate strategies to align with global sustainability goals.
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.
China Evergrande Group 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.