Metro Holdings Limited, headquartered in Singapore (SG), is a prominent player in the real estate and retail sectors. Founded in 1973, the company has established a strong presence in Asia, particularly in Singapore and China, focusing on property development, investment, and management. Metro Holdings is renowned for its unique blend of retail and residential properties, including the iconic Metro department stores and various mixed-use developments. The company’s commitment to quality and innovation has positioned it as a leader in the industry, with notable achievements in sustainable development and urban regeneration. With a robust portfolio and a strategic approach to growth, Metro Holdings continues to enhance its market position, delivering exceptional value to stakeholders and contributing to the dynamic landscape of the Asian real estate market.
How does Metro Holdings'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 Business 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.
Metro Holdings's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Metro Holdings reported carbon emissions of approximately 18,475,000 kg CO2e, all from Scope 2 emissions, which are related to indirect energy use. This marks an increase from 2023, when emissions in Singapore were about 15,158,000 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data for the recent years. Metro Holdings has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further development in their climate strategy. The emissions data is not cascaded from any parent organization, indicating that Metro Holdings Limited independently reports its emissions. The company continues to monitor its carbon footprint, focusing on energy indirect emissions, which are critical for its sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 1,702,000 | 0,000,000 | - |
Scope 2 | 122,967,000 | 000,000,000 | 000,000,000 |
Scope 3 | 27,690,000 | - | - |
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.
Metro Holdings 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.