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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 2024, 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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Poly Property Group’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2021, and revenue-based intensity metrics for each scope.
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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 2024
a. Poly Property Group's ESG Report 2024
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 2024, the total operational greenhouse gas (GHG) emissions of Poly Property Group amounted to 143,227.73 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 Poly Property Group increased by 3.96%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Poly Property Group's Scope 1 Emissions Over Time

202120222023202402.5 k5 k7.5 k10 ktCO2e+10418%+29%0%
  • Total Scope 1
  • Year-over-Year Change

What are Poly Property Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Poly Property Group were 8,536.18 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 13,355.52%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Poly Property Group's Scope 1 emissions remained relatively stable, indicating that Poly Property Group's emissions have plateaued with no significant change in its operational footprint.a

What are Poly Property Group's Scope 2 emissions?

In 2024, Poly Property Group reported Scope 2 greenhouse gas (GHG) emissions of 134,691.55 tCO₂e using the market-based method.a

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

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

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

In 2024, Poly Property Group reported its Scope 2 emissions using the market-based method.a

Poly Property Group's Scope 2 Emissions Over Time

2021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Poly Property Group's Value Chain Emissions

In 2024, Poly Property Group reported 402.16 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 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Poly Property Group's Scope 3 Emissions Over Time

20212022202320240150300450600tCO2e-9%+174%-20%
  • Total Scope 3
  • Year-over-Year Change

What are Poly Property Group's Scope 3 emissions?

In 2024, Poly Property Group reported total Scope 3 emissions of 402.16 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 101.3%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Poly Property Group's Scope 3 emissions decreased by 19.54%, highlighting the company's efforts to lower indirect emissions from its value chain.a

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

In 2024, 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 2024, the largest contributors to Poly Property Group's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 402.16 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 2024, Poly Property Group reported Scope 1 greenhouse gas (GHG) emissions of 8,536.18 tCO₂e and total revenues of USD 6,015 millions. This translates into an emissions intensity of 1.42 tCO₂e per millions USD.a

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

5501,00020,000200,000Scope 1 Emissions (tCO2e)1001,0005,00020,000100,000Revenues (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: $M 3,252Scope 1 Intensity: 4.04 tCO2e/$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: 2024Scope 1: 4,292 tCO2eRevenue: $M 1,514Scope 1 Intensity: 2.83 tCO2e/$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: 2024Scope 1: 7,402 tCO2eRevenue: $M 2,098Scope 1 Intensity: 3.53 tCO2e/$MRoad King InfrastructureYear: 2023Scope 1: 522 tCO2eRevenue: $M 1,675Scope 1 Intensity: 0.31 tCO2e/$MSun Hung Kai PropertiesYear: 2024Scope 1: 20,335 tCO2eRevenue: $M 9,158Scope 1 Intensity: 2.22 tCO2e/$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: 2024Scope 1: 1,777 tCO2eRevenue: $M 6,877Scope 1 Intensity: 0.26 tCO2e/$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: $M 5,862Scope 1 Intensity: 16.77 tCO2e/$MTsim Sha Tsui PropertiesYear: 2025Scope 1: 3,055 tCO2eRevenue: $M 1,049Scope 1 Intensity: 2.91 tCO2e/$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: 2024Scope 1: 8,536 tCO2eRevenue: $M 6,015Scope 1 Intensity: 1.42 tCO2e/$M

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

In 2024, Poly Property Group reported a Scope 1 emissions intensity of 1.42 tCO₂e per millions USD. Compared to the peer group median of 2.17, 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 2024, 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 2024, Poly Property Group reported a total carbon footprint of 143,629.89 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.87% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Poly Property Group's total carbon footprint was Scope 2 emissions, accounting for 93.78% of the company's total carbon footprint, followed by Scope 1 emissions at 5.94%.a

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