Hongkong Land Holdings Ltd

Common Name
Hongkong Land Holdings
Country
Bermuda
Sector
Real Estate
Industry
Real Estate - Development
Employees
3,063
Ticker
H78
Exchange
SINGAPORE EXCHANGE
Description
Hongkong Land Holdings Limited is a leading property investment, management, and development group with a strong presence in Asia. Established in 1889, the company focuses primarily on high-quality co...

Hongkong Land Holdings's GHG Emissions Data Preview

In 2023, Hongkong Land Holdings 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Hongkong Land Holdings has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Hongkong Land Holdings’s Greenhouse Gas (GHG) Emissions Data

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a. Hongkong Land Holdings's Sustainability Report 2023
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Insights into Hongkong Land Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hongkong Land Holdings amounted to 133,280 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 2022, the total operational greenhouse gas (GHG) emissions of Hongkong Land Holdings decreased by 11.41%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Hongkong Land Holdings's Scope 1 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-34%-34%+194%-49%
  • Total Scope 1
  • Year-over-Year Change

What are Hongkong Land Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hongkong Land Holdings were 2,107 metric tons of CO₂ equivalent (tCO₂e). a

Has Hongkong Land Holdings reduced its Scope 1 emissions over time?

Since 2019, Hongkong Land Holdings's Scope 1 emissions have decreased by 35.78%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Hongkong Land Holdings's Scope 1 emissions decreased by 49.44%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Hongkong Land Holdings's Scope 2 emissions?

In 2023, Hongkong Land Holdings reported Scope 2 greenhouse gas (GHG) emissions of 131,173 tCO₂e using the location-based method. a

Has Hongkong Land Holdings reduced its Scope 2 emissions over time?

Since 2019, Hongkong Land Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 28.92%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Hongkong Land Holdings's Scope 2 emissions (Location-Based) fell by 10.32% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Hongkong Land Holdings use for Scope 2 reporting?

In 2023, Hongkong Land Holdings reported its Scope 2 emissions using the location-based method. a

Hongkong Land Holdings's Scope 2 Emissions Over Time

20192020202120222023050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based

Insights into Hongkong Land Holdings's Value Chain Emissions

In 2023, Hongkong Land Holdings reported 1,623,808 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Hongkong Land Holdings includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Hongkong Land Holdings's Scope 3 Emissions Over Time

202220230450 k900 k1.35 M1.8 MtCO2e+101%
  • Total Scope 3
  • Year-over-Year Change

What are Hongkong Land Holdings's Scope 3 emissions?

In 2023, Hongkong Land Holdings reported total Scope 3 emissions of 1,623,808 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 92.42% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.58% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Hongkong Land Holdings's Scope 3 emissions increased by 101.02%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Hongkong Land Holdings disclose?

In 2023, Hongkong Land Holdings reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Hongkong Land Holdings's Scope 3 emissions?

In 2023, the largest contributors to Hongkong Land Holdings's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 794,169 tCO₂e (48.91%)
  • Purchased Goods and Services (Cat. 1): 673,581 tCO₂e (41.48%)
  • Downstream Leased Assets (Cat. 13): 123,007 tCO₂e (7.58%)

Hongkong Land Holdings's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(48.9%)Purchased Goods andServices (Cat. 1)(41.5%)Downstream LeasedAssets (Cat. 13)(7.6%)

Insights into Hongkong Land Holdings's Total Carbon Footprint

In 2023, Hongkong Land Holdings reported a total carbon footprint of 1,757,088 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 83.37% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Hongkong Land Holdings's total carbon footprint was Scope 3 emissions, accounting for 92.41% of the company's total carbon footprint, followed by Scope 2 emissions at 7.47%. a

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