Hongkong Land
Hongkong Land Holdings Limited, commonly known as Hongkong Land, is a leading property investment, management, and development company headquartered in Hong Kong. Established in 1889, the firm has built a strong reputation in the real estate industry, primarily operating across Asia, with significant interests in Hong Kong, Singapore, and mainland China. Specialising in premium commercial and residential properties, Hongkong Land is renowned for its iconic developments, including the prestigious Landmark in Central Hong Kong. The company’s commitment to quality and sustainability sets it apart in a competitive market, ensuring it remains a key player in the region. With a robust portfolio and a focus on long-term value creation, Hongkong Land continues to achieve notable milestones, solidifying its position as a trusted name in the property sector.
DitchCarbon Score
How does Hongkong Land'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
Hongkong Land's score of 36 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hongkong Land's reported carbon emissions
In 2024, Hongkong Land reported total carbon emissions of approximately 125,261,000 kg CO2e, which includes 2,877,000 kg CO2e from Scope 1 and 122,384,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, with capital goods contributing about 6,745,427,000 kg CO2e, and other categories such as purchased goods and services accounting for approximately 3,083,437,000 kg CO2e. Hongkong Land has set ambitious climate commitments, aiming for a 46.2% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using a 2019 baseline of 187,830 tCO2e. Additionally, the company targets a 22% reduction in carbon intensity for Scope 3 emissions per square metre of new built area within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable operations across Asia. In previous years, Hongkong Land's emissions were also significant, with Scope 3 emissions in 2023 reaching approximately 7,943,690,000 kg CO2e and in 2022 at about 1,000,000,000 kg CO2e. The company has inherited emissions data from its parent organization, Hongkong Land Holdings Limited, and continues to report transparently on its sustainability efforts.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,419,000 | - | - | 0,000,000 |
| Scope 2 | 130,911,000 | - | - | 000,000,000 |
| Scope 3 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Hongkong Land is participating in some 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.
