Guoco
Guoco, officially known as Guoco Group Limited, is a prominent investment holding company headquartered in Hong Kong. Founded in 1976, Guoco has established a strong presence across Asia, particularly in Hong Kong, Singapore, and Malaysia, focusing on diverse sectors such as property development, hospitality, and financial services. The company is renowned for its unique approach to integrated property development and investment, with flagship projects that exemplify innovation and sustainability. Guoco's notable achievements include its strategic investments in high-value real estate and its commitment to enhancing urban living through quality developments. As a key player in the Asian market, Guoco continues to solidify its reputation for excellence and forward-thinking in the competitive landscape of investment and property management.
DitchCarbon Score
How does Guoco'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
Guoco's score of 35 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Guoco's reported carbon emissions
In 2024, Guoco reported total carbon emissions of approximately 11,288,000 kg CO2e for Scope 1 and about 20,534,000 kg CO2e for Scope 2, resulting in combined Scope 1 and 2 emissions of around 18,992,000 kg CO2e. This marks a slight increase from 2023, where emissions were approximately 11,029,000 kg CO2e for Scope 1 and 12,136,000 kg CO2e for Scope 2, leading to total emissions of about 22,660,000 kg CO2e. Over the past few years, Guoco's emissions have fluctuated, with 2022 seeing a peak of approximately 58,874,900 kg CO2e for Scope 1 and 2 combined. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor has it disclosed any climate pledges. Guoco's emissions data is sourced from Guoco Group Limited, with no cascaded data from a parent organization. The company has not reported any Scope 3 emissions, indicating a focus on direct and indirect emissions from its operations and energy use. Overall, Guoco's commitment to addressing climate change is evident through its emissions reporting, although further initiatives and targets would enhance its sustainability profile.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,889,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 7,840,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| 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.
Guoco 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.
