Kerry Properties Ltd

Common Name
Kerry Properties
Country
Hong Kong
Sector
Real Estate
Industry
Real Estate - Development
Employees
7,350
Ticker
683
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Kerry Properties Limited, an investment holding company, engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. The co...

Kerry Properties's GHG Emissions Data Preview

In 2024, Kerry Properties 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).

Kerry Properties has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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b
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a
0000000
Total Scope 3
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a
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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0000000
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Verified Sources Behind Kerry Properties’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 Kerry Properties’s data sources below and access millions more through our Disclosure Search.

a. Kerry Properties's Sustainability Report 2024
a. Kerry Properties's Sustainability Report 2024
b. Kerry Properties's Sustainability Report 2023
b. Kerry Properties's Sustainability Report 2023

Insights into Kerry Properties's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Kerry Properties amounted to 96,847 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 Kerry Properties increased by 4.8%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Kerry Properties's Scope 1 Emissions Over Time

2020202120222023202402 k4 k6 k8 ktCO2e-34%-3%+15%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Kerry Properties's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Kerry Properties were 5,094 metric tons of CO₂ equivalent (tCO₂e). a

Has Kerry Properties reduced its Scope 1 emissions over time?

Since 2020, Kerry Properties's Scope 1 emissions have decreased by 23.18%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Kerry Properties's Scope 1 emissions increased by 4.66%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Kerry Properties's Scope 2 emissions?

In 2024, Kerry Properties reported Scope 2 greenhouse gas (GHG) emissions of 91,753 tCO₂e using the market-based method and 91,753 tCO₂e using the location-based method. a

Has Kerry Properties reduced its Scope 2 emissions over time?

Since 2020, Kerry Properties's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 12.23%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Kerry Properties's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Kerry Properties 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Kerry Properties use for Scope 2 reporting?

In 2024, Kerry Properties reported its Scope 2 emissions using the market-based method and using the location-based method. a

Kerry Properties's Scope 2 Emissions Over Time

20202021202220232024030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Kerry Properties's Value Chain Emissions

In 2024, Kerry Properties reported 852,053 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 2024 disclosure of Kerry Properties includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Kerry Properties's Scope 3 Emissions Over Time

202020212022202320240250 k500 k750 k1 MtCO2e-11%+94%+107%+39147%
  • Total Scope 3
  • Year-over-Year Change

What are Kerry Properties's Scope 3 emissions?

In 2024, Kerry Properties reported total Scope 3 emissions of 852,053 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 85.49% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.51% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Kerry Properties reduced its Scope 3 emissions over time?

Since 2020, Kerry Properties's Scope 3 emissions have increased by 140,040.3%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Kerry Properties's Scope 3 emissions increased by 39,147.03%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Kerry Properties disclose?

In 2024, Kerry Properties reported emissions for 6 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 Kerry Properties's Scope 3 emissions?

In 2024, the largest contributors to Kerry Properties's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 588,761 tCO₂e (69.1%)
  • Downstream Leased Assets (Cat. 13): 123,642 tCO₂e (14.51%)
  • Waste Generated in Operations (Cat. 5): 85,644 tCO₂e (10.05%)

Kerry Properties's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(69.1%)Waste Generated inOperations (Cat. 5)(10.1%)Downstream LeasedAssets (Cat. 13)(14.5%)

Insights into Kerry Properties’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Kerry Properties reported Scope 1 greenhouse gas (GHG) emissions of 5,094 tCO₂e and total revenues of USD 2,511 millions. This translates into an emissions intensity of 2.03 tCO₂e per millions USD. a

Kerry Properties's Scope 1 Emissions Intensity Compared to Peers

5501,00020,000200,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)CPCCCCChina South City HoldingsYear: 2023Scope 1: 419 tCO2eRevenue: $M 516Scope 1 Intensity: 0.81 tCO2e/$MGemdale Properties & InvestmentYear: 2024Scope 1: 66 tCO2eRevenue: $M 1,979Scope 1 Intensity: 0.03 tCO2e/$MSwire PropertiesYear: 2024Scope 1: 9,039 tCO2eRevenue: $M 1,858Scope 1 Intensity: 4.87 tCO2e/$MHenderson Land DevelopmentYear: 2024Scope 1: 13,137 tCO2eRevenue: $M 3,252Scope 1 Intensity: 4.04 tCO2e/$MHysan DevelopmentYear: 2023Scope 1: 1,754 tCO2eRevenue: $M 411Scope 1 Intensity: 4.27 tCO2e/$MWharf HoldingsYear: 2024Scope 1: 16,961 tCO2eRevenue: $M 1,560Scope 1 Intensity: 10.87 tCO2e/$MPPPoly Property GroupYear: 2023Scope 1: 8,576 tCO2eRevenue: $M 6,288Scope 1 Intensity: 1.36 tCO2e/$MChina OverseasYear: 2024Scope 1: 8,162 tCO2eRevenue: $M 27,621Scope 1 Intensity: 0.30 tCO2e/$MHang Lung PropertiesYear: 2024Scope 1: 4,292 tCO2eRevenue: $M 1,448Scope 1 Intensity: 2.97 tCO2e/$MHang Lung GroupYear: 2023Scope 1: 4,034 tCO2eRevenue: $M 1,393Scope 1 Intensity: 2.90 tCO2e/$MCCChina Jinmao Holdings GroupYear: 2024Scope 1: 37,799 tCO2eRevenue: $M 8,850Scope 1 Intensity: 4.27 tCO2e/$MShimao Group HoldingsYear: 2024Scope 1: 853 tCO2eRevenue: $M 8,986Scope 1 Intensity: 0.09 tCO2e/$MCOPLYear: 2023Scope 1: 34,559 tCO2eRevenue: $M 2,005Scope 1 Intensity: 17.24 tCO2e/$MRoad King InfrastructureYear: 2023Scope 1: 522 tCO2eRevenue: $M 1,675Scope 1 Intensity: 0.31 tCO2e/$MSun Hung Kai PropertiesYear: 2024Scope 1: 43,835 tCO2eRevenue: $M 9,158Scope 1 Intensity: 4.79 tCO2e/$MNew World DevelopmentYear: 2024Scope 1: 9,701 tCO2eRevenue: $M 4,583Scope 1 Intensity: 2.12 tCO2e/$MSino Land CoYear: 2024Scope 1: 3,865 tCO2eRevenue: $M 1,123Scope 1 Intensity: 3.44 tCO2e/$MChina Overseas Grand Oceans GroupYear: 2023Scope 1: 1,680 tCO2eRevenue: $M 8,682Scope 1 Intensity: 0.19 tCO2e/$MShenzhen InvestmentYear: 2024Scope 1: 6,712 tCO2eRevenue: $M 2,005Scope 1 Intensity: 3.35 tCO2e/$MCCChina Resources Land LtdYear: 2024Scope 1: 34,913 tCO2eRevenue: $M 41,588Scope 1 Intensity: 0.84 tCO2e/$MCK Asset HoldingsYear: 2024Scope 1: 98,333 tCO2eRevenue: $M 5,862Scope 1 Intensity: 16.77 tCO2e/$MC&D International GroupYear: 2024Scope 1: 7 tCO2eRevenue: $M 22,433Scope 1 Intensity: 0.00 tCO2e/$MYuexiu PropertyYear: 2024Scope 1: 6,329 tCO2eRevenue: $M 12,895Scope 1 Intensity: 0.49 tCO2e/$MHopson Development HoldingsYear: 2024Scope 1: 2,981 tCO2eRevenue: $M 4,872Scope 1 Intensity: 0.61 tCO2e/$MKerry PropertiesYear: 2024Scope 1: 5,094 tCO2eRevenue: $M 2,511Scope 1 Intensity: 2.03 tCO2e/$M

How does Kerry Properties's GHG emissions intensity compare to its peers?

In 2024, Kerry Properties reported a Scope 1 emissions intensity of 2.03 tCO₂e per millions USD. Compared to the peer group median of 2.51 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Kerry Properties rank on GHG emissions intensity within its industry?

In 2024, Kerry Properties ranked 12 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Kerry Properties's Total Carbon Footprint

In 2024, Kerry Properties reported a total carbon footprint of 948,900 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 903.22% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Kerry Properties's total carbon footprint was Scope 3 emissions, accounting for 89.79% of the company's total carbon footprint, followed by Scope 2 emissions at 9.67%. a

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