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China Merchants Shekou Industrial Zone Holdings Co Ltd

Common Name
China Merchants Shekou
Country
China (Mainland)
Sector
Real Estate
Industry
Real Estate - Development
Employees
49,135
Ticker
001979
Exchange
Shenzhen Stock Exchange
Description
China Merchants Shekou Industrial Zone Holdings Co., Ltd. is a prominent real estate development and investment company. Its primary function is to engage in urban planning and development, focusing o...

China Merchants Shekou's GHG Emissions Data Preview

In 2024, China Merchants Shekou completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, China Merchants Shekou has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
58,524.88a
89,181.21a
81,499.45a
Total Scope 2
Unspecified Calculation Method
208,707.74a
235,992.8a
223,328.64a
Total Scope 3
N/A
307,171.22a
360,937.56a
Total Scope 1 Revenue Intensity (tCO2e/$M)
2.3868a
3.6216a
3.101a
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Verified Sources Behind China Merchants Shekou’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore China Merchants Shekou’s data sources below and access millions more through our Disclosure Search.

a. China Merchants Shekou's Sustainability Report 2024

Insights into China Merchants Shekou's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of China Merchants Shekou amounted to 267,232.62 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of China Merchants Shekou decreased by 17.82%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

China Merchants Shekou's Scope 1 Emissions Over Time

202220232024025 k50 k75 k100 ktCO2e+9%-34%
  • Total Scope 1
  • Year-over-Year Change

What are China Merchants Shekou's Scope 1 emissions?

In 2024, the total Scope 1 emissions of China Merchants Shekou were 58,524.88 metric tons of CO₂ equivalent (tCO₂e).a

Has China Merchants Shekou reduced its Scope 1 emissions over time?

Since 2022, China Merchants Shekou's Scope 1 emissions have decreased by 28.19%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), China Merchants Shekou's Scope 1 emissions decreased by 34.38%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are China Merchants Shekou's Scope 2 emissions?

In 2024, China Merchants Shekou reported Scope 2 greenhouse gas (GHG) emissions of 208,707.74 tCO₂e without specifying the calculation method.a

Has China Merchants Shekou reduced its Scope 2 emissions over time?

Since 2022, China Merchants Shekou's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that China Merchants Shekou's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year (2023), China Merchants Shekou's Scope 2 emissions (Unspecified Calculation Method) fell by 11.56% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does China Merchants Shekou use for Scope 2 reporting?

In 2024, China Merchants Shekou reported its Scope 2 emissions using an unspecified methodology.a

China Merchants Shekou's Scope 2 Emissions Over Time

202220232024060 k120 k180 k240 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into China Merchants Shekou’s GHG Emissions Intensity Compared to Industry Peers

In 2024, China Merchants Shekou reported Scope 1 greenhouse gas (GHG) emissions of 58,524.88 tCO₂e and total revenues of USD 24,520 millions. This translates into an emissions intensity of 2.39 tCO₂e per millions USD.a

China Merchants Shekou's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Redco Properties GroupYear: 2023Scope 1: 165 tCO2eRevenue: $M 751Scope 1 Intensity: 0.22 tCO2e/$MKWG Group HoldingsYear: 2023Scope 1: 3,485 tCO2eRevenue: $M 2,224Scope 1 Intensity: 1.57 tCO2e/$MPowerlongYear: 2024Scope 1: 11,404 tCO2eRevenue: $M 3,529Scope 1 Intensity: 3.23 tCO2e/$MSino-Ocean Group HoldingYear: 2024Scope 1: 18,802 tCO2eRevenue: $M 3,239Scope 1 Intensity: 5.80 tCO2e/$MCIFI Holdings (Group)Year: 2024Scope 1: 2,681 tCO2eRevenue: $M 6,549Scope 1 Intensity: 0.41 tCO2e/$MGuangzhou R&F PropertiesYear: 2024Scope 1: 100,316 tCO2eRevenue: $M 2,425Scope 1 Intensity: 41.36 tCO2e/$MShui On Land LtdYear: 2024Scope 1: 9,867 tCO2eRevenue: $M 1,120Scope 1 Intensity: 8.81 tCO2e/$MMidea Real Estate HoldingYear: 2021Scope 1: 69 tCO2eRevenue: $M 11,578Scope 1 Intensity: 0.01 tCO2e/$MLogan GroupYear: 2024Scope 1: 316 tCO2eRevenue: $M 3,189Scope 1 Intensity: 0.10 tCO2e/$MZhuhai Huafa PropertiesYear: 2024Scope 1: 798 tCO2eRevenue: $M 8,219Scope 1 Intensity: 0.10 tCO2e/$MRadiance Holdings (Group)Year: 2024Scope 1: 110 tCO2eRevenue: $M 3,392Scope 1 Intensity: 0.03 tCO2e/$MFinancial Street HoldingsYear: 2024Scope 1: 3,088 tCO2eRevenue: $M 2,614Scope 1 Intensity: 1.18 tCO2e/$MBeijing Capital DevelopmentYear: 2024Scope 1: 3,374 tCO2eRevenue: $M 3,318Scope 1 Intensity: 1.02 tCO2e/$MGrandjoy Holdings GroupYear: 2024Scope 1: 13,688 tCO2eRevenue: $M 4,904Scope 1 Intensity: 2.79 tCO2e/$MGemdaleYear: 2024Scope 1: 1,320 tCO2eRevenue: $M 10,327Scope 1 Intensity: 0.13 tCO2e/$MSeazen GroupYear: 2024Scope 1: 34,634 tCO2eRevenue: $M 12,226Scope 1 Intensity: 2.83 tCO2e/$MSunac China HoldingsYear: 2024Scope 1: 32,396 tCO2eRevenue: $M 10,142Scope 1 Intensity: 3.19 tCO2e/$MSeazen HoldingsYear: 2024Scope 1: 34,634 tCO2eRevenue: $M 12,195Scope 1 Intensity: 2.84 tCO2e/$MLujiazuiYear: 2024Scope 1: 9,166 tCO2eRevenue: $M 2,007Scope 1 Intensity: 4.57 tCO2e/$MPoly Developments and Holdings GroupYear: 2024Scope 1: 10,862 tCO2eRevenue: $M 42,713Scope 1 Intensity: 0.25 tCO2e/$MCountry Garden HoldingsYear: 2024Scope 1: 4,423 tCO2eRevenue: $M 34,636Scope 1 Intensity: 0.13 tCO2e/$MGreentown China HoldingsYear: 2024Scope 1: 596 tCO2eRevenue: $M 21,744Scope 1 Intensity: 0.03 tCO2e/$MChina VankeYear: 2024Scope 1: 14,570 tCO2eRevenue: $M 47,016Scope 1 Intensity: 0.31 tCO2e/$MLongfor Group HoldingsYear: 2024Scope 1: 25,105 tCO2eRevenue: $M 17,467Scope 1 Intensity: 1.44 tCO2e/$MChina Merchants ShekouYear: 2024Scope 1: 58,525 tCO2eRevenue: $M 24,520Scope 1 Intensity: 2.39 tCO2e/$M

How does China Merchants Shekou's GHG emissions intensity compare to its peers?

In 2024, China Merchants Shekou reported a Scope 1 emissions intensity of 2.39 tCO₂e per millions USD. Compared to the peer group median of 1.1, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does China Merchants Shekou rank on GHG emissions intensity within its industry?

In 2024, China Merchants Shekou ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

China Merchants Shekou is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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