Yuexiu Property
Yuexiu Property Company Limited, commonly referred to as Yuexiu Property, is a prominent player in the real estate industry, headquartered in Hong Kong. Established in 1992, the company has made significant strides in property development, investment, and management, primarily focusing on residential, commercial, and mixed-use projects across major cities in China. With a commitment to quality and innovation, Yuexiu Property has developed a diverse portfolio that includes iconic skyscrapers and sustainable living spaces. The company is recognised for its strategic land acquisitions and strong market presence, positioning it as one of the leading property developers in the region. Notable achievements include numerous awards for excellence in design and sustainability, underscoring its dedication to enhancing urban living.
DitchCarbon Score
How does Yuexiu Property'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
Yuexiu Property's score of 22 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yuexiu Property's reported carbon emissions
In 2023, Yuexiu Property, headquartered in Hong Kong, reported total carbon emissions of approximately 64,337,490 kg CO2e, comprising 1,932,020 kg CO2e from Scope 1 and 62,405,470 kg CO2e from Scope 2 emissions. This marks a slight increase from 2022, where total emissions were about 64,131,000 kg CO2e, with Scope 1 emissions at 1,795,560 kg CO2e and Scope 2 emissions at 62,335,440 kg CO2e. Over the past few years, the company has shown fluctuations in emissions, with 2021 recording the highest total emissions of approximately 72,322,730 kg CO2e, driven by Scope 1 emissions of 3,491,210 kg CO2e and Scope 2 emissions of 68,831,520 kg CO2e. In contrast, 2020 saw total emissions of about 58,389,850 kg CO2e. Yuexiu Property has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting and climate commitments. The company has reported various GHG emission intensities, including approximately 3,340 kg CO2e per employee and 0.0008 kg CO2e per RMB 1 million in revenue for 2023. These metrics provide insight into the company's operational efficiency concerning its carbon footprint. Overall, while Yuexiu Property has made strides in emissions reporting, the absence of defined reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,488,440 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 54,901,410 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
Yuexiu Property 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.
