Cathay Real Estate Development Co., Ltd.
Cathay Real Estate Development Co., Ltd., commonly referred to as Cathay RED, is a prominent player in the Taiwanese real estate sector, headquartered in Taipei, Taiwan. Established in 1993, the company has made significant strides in residential, commercial, and mixed-use developments across major urban regions in Taiwan. Specialising in high-quality property development, Cathay RED is renowned for its innovative designs and sustainable building practices. The company’s commitment to excellence has positioned it as a leader in the industry, with notable achievements including several award-winning projects that reflect its dedication to enhancing urban living. With a strong market presence, Cathay Real Estate Development continues to shape the landscape of Taiwan’s real estate, focusing on creating value through strategic investments and community-oriented developments.
DitchCarbon Score
How does Cathay Real Estate Development Co., Ltd.'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
Cathay Real Estate Development Co., Ltd.'s score of 27 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cathay Real Estate Development Co., Ltd.'s reported carbon emissions
In 2023, Cathay Real Estate Development Co., Ltd., headquartered in Taiwan (TW), reported total carbon emissions of approximately 1,442,434 kg CO2e. This figure includes Scope 1 emissions of about 322,434 kg CO2e, comprising mobile combustion (12,772 kg CO2e), fugitive emissions (308,635 kg CO2e), and stationary combustion (4,027 kg CO2e). Scope 2 emissions from purchased electricity accounted for approximately 1,412,032 kg CO2e, while Scope 3 emissions from purchased goods and services were about 282,428 kg CO2e. Comparatively, in 2022, the company recorded total emissions of around 1,487,860 kg CO2e, with Scope 1 emissions at approximately 130,365 kg CO2e, Scope 2 emissions at about 1,563,850 kg CO2e, and Scope 3 emissions at around 275,548 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. Despite these figures, Cathay Real Estate Development Co., Ltd. has not set specific reduction targets or climate pledges, nor does it appear to have cascaded data from any parent organisation. The company is actively engaged in monitoring its emissions but currently lacks formal commitments to reduce its carbon footprint.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 115,170 | 000,000 |
| Scope 2 | 1,563,850 | 0,000,000 |
| Scope 3 | 275,548 | 000,000 |
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.
Cathay Real Estate Development Co., Ltd. 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.
