Soho China
Soho China Limited, a leading property developer in China, is headquartered in Beijing. Established in 1995, the company has made significant strides in the real estate sector, focusing primarily on commercial properties, including office buildings and mixed-use developments. With a strong presence in major cities such as Beijing and Shanghai, Soho China has become synonymous with innovative architectural design and sustainable urban development. The company is renowned for its flagship projects, which often feature cutting-edge designs and environmentally friendly practices. Notable achievements include the successful launch of the Soho Galaxy and Soho Fuxing Plaza, which have set benchmarks in the industry. As a prominent player in the Chinese real estate market, Soho China continues to shape urban landscapes while maintaining a commitment to quality and excellence in property development.
DitchCarbon Score
How does Soho China'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
Soho China's score of 35 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Soho China's reported carbon emissions
In 2023, SOHO China reported total carbon emissions of approximately 231,854,590 kg CO2e. This figure includes 3,881,400 kg CO2e from Scope 1 emissions, 80,355,380 kg CO2e from Scope 2 emissions, and 147,617,810 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. Additionally, SOHO China is committed to a similar 42% reduction in Scope 3 emissions, which encompass emissions from purchased goods and services, the use of sold products, and downstream leased assets. In 2022, SOHO China's total emissions were approximately 215,745,910 kg CO2e, with Scope 1 emissions at 2,772,230 kg CO2e, Scope 2 emissions at 66,175,050 kg CO2e, and Scope 3 emissions at 146,798,630 kg CO2e. The 2021 emissions data indicated a total of about 247,193,960 kg CO2e, comprising 2,501,120 kg CO2e from Scope 1, 96,644,170 kg CO2e from Scope 2, and 148,048,670 kg CO2e from Scope 3. SOHO China's reduction targets are aligned with the Science Based Targets initiative (SBTi), which classifies their targets as consistent with limiting global warming to 1.5°C. The company is also committed to achieving net-zero emissions across all scopes by 2050. These commitments reflect SOHO China's proactive approach to addressing climate change and reducing its carbon footprint in the real estate sector.
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| 2017 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,239,540 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 20,862,680 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Soho China is participating in some 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.
