Poly Property Group Co Ltd

Common Name
Poly Property Group
Country
Hong Kong
Sector
Real Estate
Industry
Real Estate - Development
Employees
6,437
Ticker
119
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Poly Property Group Co., Limited, an investment holding company, engages in the property investment, development, and management business in Hong Kong, the People's Republic of China, and internationa...

Poly Property Group's GHG Emissions Data Preview

In 2023, Poly Property Group 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).

Poly Property Group has also provided a category-level breakdown for 1 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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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Poly Property Group’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 Poly Property Group’s data sources below and access millions more through our Disclosure Search.

a. Poly Property Group's ESG Report 2023
a. Poly Property Group's ESG Report 2023
b. Poly Property Group's ESG Report 2022
b. Poly Property Group's ESG Report 2022

Insights into Poly Property Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Poly Property Group amounted to 132,575.7 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 Poly Property Group increased by 48.77%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Poly Property Group's Scope 1 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e+10418%+29%
  • Total Scope 1
  • Year-over-Year Change

What are Poly Property Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Poly Property Group were 8,576.33 metric tons of CO₂ equivalent (tCO₂e). a

Has Poly Property Group reduced its Scope 1 emissions over time?

Since 2021, Poly Property Group's Scope 1 emissions have increased by 13,418.81%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Poly Property Group's Scope 1 emissions increased by 28.53%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Poly Property Group's Scope 2 emissions?

In 2023, Poly Property Group reported Scope 2 greenhouse gas (GHG) emissions of 123,999.37 tCO₂e without specifying the calculation method. a

Has Poly Property Group reduced its Scope 2 emissions over time?

Since 2021, Poly Property Group's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 48,210.82%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Poly Property Group's Scope 2 emissions (Unspecified Calculation Method) rose by 50.4% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Poly Property Group use for Scope 2 reporting?

In 2023, Poly Property Group reported its Scope 2 emissions using an unspecified methodology. a

Poly Property Group's Scope 2 Emissions Over Time

202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Poly Property Group's Value Chain Emissions

In 2023, Poly Property Group reported 499.83 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 Poly Property Group includes a breakdown across 1 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

Poly Property Group's Scope 3 Emissions Over Time

2021202220230150300450600tCO2e-9%+174%
  • Total Scope 3
  • Year-over-Year Change

What are Poly Property Group's Scope 3 emissions?

In 2023, Poly Property Group reported total Scope 3 emissions of 499.83 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Poly Property Group reduced its Scope 3 emissions over time?

Since 2021, Poly Property Group's Scope 3 emissions have increased by 150.19%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Poly Property Group's Scope 3 emissions increased by 173.83%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Poly Property Group disclose?

In 2023, Poly Property Group reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Poly Property Group's Scope 3 emissions?

In 2023, the largest contributors to Poly Property Group's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 499.83 tCO₂e (100%)

Poly Property Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Poly Property Group’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Poly Property Group reported Scope 1 greenhouse gas (GHG) emissions of 8,576.33 tCO₂e and total revenues of USD 6,288 millions. This translates into an emissions intensity of 1.36 tCO₂e per millions USD. a

Poly Property Group's Scope 1 Emissions Intensity Compared to Peers

5501,00020,000200,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)CCCPCCChina South City HoldingsYear: 2023Scope 1: 419 tCO2eRevenue: $M 516Scope 1 Intensity: 0.81 tCO2e/$MGemdale Properties & InvestmentYear: 2024Scope 1: 66 tCO2eRevenue: $M 1,979Scope 1 Intensity: 0.03 tCO2e/$MKerry PropertiesYear: 2024Scope 1: 5,094 tCO2eRevenue: $M 2,511Scope 1 Intensity: 2.03 tCO2e/$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: $M 1,560Scope 1 Intensity: 10.87 tCO2e/$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: $M 1,123Scope 1 Intensity: 3.44 tCO2e/$MLink REITYear: 2025Scope 1: 7,594 tCO2eRevenue: $M 1,828Scope 1 Intensity: 4.15 tCO2e/$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: $M 4,872Scope 1 Intensity: 0.61 tCO2e/$MPPPoly Property GroupYear: 2023Scope 1: 8,576 tCO2eRevenue: $M 6,288Scope 1 Intensity: 1.36 tCO2e/$M

How does Poly Property Group's GHG emissions intensity compare to its peers?

In 2023, Poly Property Group reported a Scope 1 emissions intensity of 1.36 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 Poly Property Group rank on GHG emissions intensity within its industry?

In 2023, Poly Property Group ranked 11 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Poly Property Group's Total Carbon Footprint

In 2023, Poly Property Group reported a total carbon footprint of 133,075.53 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 49.02% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Poly Property Group's total carbon footprint was Scope 2 emissions, accounting for 93.18% of the company's total carbon footprint, followed by Scope 1 emissions at 6.44%. a

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