Vanke Co., Ltd., commonly known as Vanke, is a leading real estate developer headquartered in Shenzhen, China (CN). Founded in 1984, Vanke has established a strong presence across major operational regions, including Beijing, Shanghai, and Guangzhou. The company primarily operates in the real estate industry, focusing on residential and commercial property development, as well as property management services. Vanke is renowned for its commitment to sustainable development and innovative design, setting it apart in a competitive market. With a diverse portfolio that includes high-quality residential communities and commercial complexes, Vanke has achieved significant milestones, including being listed among the top real estate companies in China. Its dedication to excellence and customer satisfaction has solidified its position as a market leader, making Vanke a prominent name in the global real estate landscape.
How does Vanke'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 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.
Vanke's score of 22 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Vanke reported total carbon emissions of approximately 14570197.7 kg CO2e for Scope 1, 261326833.4 kg CO2e for Scope 2, and 181473976.7 kg CO2e for Scope 3 emissions, which includes significant contributions from investments (268101606.0 kg CO2e) and business travel (5858823.7 kg CO2e). The combined total for Scope 1 and 2 emissions reached about 275897031.3 kg CO2e. In 2023, Vanke's emissions for Scope 1 and 2 were approximately 261326833.4 kg CO2e. The previous year, 2022, saw a total of about 25313912.9 kg CO2e for Scope 1 and 2 emissions. In 2021, Vanke's emissions included approximately 9472400.5 kg CO2e for Scope 1 and 224986366.6 kg CO2e for Scope 2, with Scope 3 emissions at about 209819381.3 kg CO2e. Despite these figures, Vanke has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The company continues to monitor and report its emissions across all scopes, indicating a commitment to transparency in its climate impact.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 2,944,240 | 0,000,000.0 | - | - | 00,000,000.0 |
Scope 2 | 20,112,210 | 000,000,000.0 | - | - | 000,000,000.0 |
Scope 3 | - | 000,000,000.0 | - | - | 000,000,000.0 |
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.
Vanke 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.