China Evergrande Group

Country
China (Mainland)
Sector
Real Estate
Industry
Real Estate - Development
Employees
109,085
Ticker
3333
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
China Evergrande Group is a leading real estate developer based in China, specializing in residential property, mixed-use, and infrastructure development projects. As one of the largest property compa...

China Evergrande Group's Climate Target Data Preview

As of 2022, China Evergrande Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into China Evergrande Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue
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a
2026
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Verified Sources Behind China Evergrande Group’s Climate Targets Data

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a. China Evergrande Group's ESG Report 2022
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Insights into China Evergrande Group's Greenhouse Gas Emissions Pathways

As of 2022, China Evergrande Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does China Evergrande Group have a target to reduce the emissions from its operations?

As of 2022, China Evergrande Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

China Evergrande Group's most ambitious operational target is to reduce these emissions by 5% by 2026, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue in 2021. a

China Evergrande Group has already surpassed its operational emissions reduction target, with 2022 levels falling below the 2026 value, achieving its climate goal ahead of schedule. a

China Evergrande Group's Operational (Scope 1+2) Emissions Pathway

20212022202600000Current (-36%)Target 2026 (-5%)
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