Cifi Holdings Group Co., Ltd., commonly known as Cifi Holdings, is a prominent player in the real estate industry, headquartered in China (CN). Founded in 2000, the company has established a strong presence in major operational regions across the country, focusing on residential and commercial property development. Cifi Holdings is renowned for its commitment to quality and innovation, offering a diverse portfolio of properties that cater to various market segments. The company has achieved significant milestones, including recognition for its sustainable development practices and customer-centric approach. With a solid market position, Cifi Holdings continues to expand its influence, making it a key contributor to China's evolving urban landscape.
How does Cifi 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 Other 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.
Cifi Holdings's score of 19 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cifi Holdings reported a greenhouse gas emission intensity of approximately 40.0 kg CO2e per square metre of gross floor area (GFA), although specific total emissions data for the year is not disclosed. The company has consistently maintained this emission intensity level since at least 2021, indicating a stable approach to managing its carbon footprint. In 2021, Cifi Holdings disclosed a total Scope 2 emissions of about 11,214,820 kg CO2e, while in 2020, the Scope 2 emissions were significantly higher at approximately 23,556,330 kg CO2e. This reduction in Scope 2 emissions suggests a positive trend towards lowering their carbon impact, although no specific reduction targets or initiatives have been outlined in their recent disclosures. Cifi Holdings has not provided detailed data on Scope 1 or Scope 3 emissions, nor have they established formal reduction targets or climate pledges. The absence of such commitments may reflect a broader industry context where many companies are still developing comprehensive climate strategies. Overall, while Cifi Holdings demonstrates a commitment to monitoring its emissions through intensity metrics, further transparency regarding total emissions and specific reduction initiatives would enhance its climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 1,098,430 | - | - |
Scope 2 | 3,391,890 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.
Cifi 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.