Cmsc
Cmsc, officially known as China Merchants Shekou Industrial Zone Holdings Co., Ltd., is a prominent player in the real estate and urban development industry. Headquartered in Hong Kong, the company has established a significant presence across mainland China and other key regions. Founded in 1984, Cmsc has achieved numerous milestones, including the successful development of large-scale residential and commercial projects. Cmsc's core offerings encompass property development, investment, and management, with a unique focus on creating integrated urban communities. The company is recognised for its innovative approach to sustainable development and urban planning, setting it apart in a competitive market. With a strong market position, Cmsc has garnered accolades for its contributions to urbanisation and has become a trusted name in the industry.
DitchCarbon Score
How does Cmsc'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 Financial Intermediation 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
Cmsc's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cmsc's reported carbon emissions
In 2023, Cmsc reported total carbon emissions of approximately 30,442,000 kg CO2e, comprising 724,000 kg CO2e from Scope 1, 29,719,000 kg CO2e from Scope 2, and 5,536,000 kg CO2e from Scope 3 emissions. The Scope 2 emissions primarily stem from purchased electricity, accounting for about 20,907,000 kg CO2e. Comparatively, in 2022, Cmsc's total emissions were about 27,871,000 kg CO2e, with Scope 1 emissions at 973,000 kg CO2e and Scope 2 emissions at 26,898,000 kg CO2e. This indicates a significant increase in emissions in 2023, particularly in Scope 2. Cmsc has not publicly committed to specific reduction targets or initiatives, nor have they disclosed any science-based targets (SBTi) for emissions reduction. The absence of documented reduction initiatives suggests a need for enhanced climate commitments in line with industry standards. Overall, Cmsc's emissions data highlights the importance of addressing their carbon footprint, particularly in Scope 2 emissions, to align with global climate goals.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,578,970 | 0,000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 18,107,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 |
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.
Cmsc 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.
