Shenzhen Investment Ltd

Common Name
Shenzhen Investment
Country
Hong Kong
Sector
Real Estate
Industry
Real Estate - Development
Employees
18,710
Ticker
604
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Shenzhen Investment Limited, an investment holding company, invests in, develops, and manages real estate properties in Mainland China. It operates through five segments: Property Development, Propert...

Shenzhen Investment's Climate Target Data Preview

As of 2023, Shenzhen Investment has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Shenzhen Investment ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Hong Kong Dollar (HKD) of Revenue
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2030

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Insights into Shenzhen Investment's Greenhouse Gas Emissions Pathways

As of 2023, Shenzhen Investment has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Shenzhen Investment have a target to reduce the emissions from its operations?

As of 2023, Shenzhen Investment has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Shenzhen Investment's most ambitious operational target is to reduce these emissions by 15% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Hong Kong Dollar (HKD) of Revenue in 2022.

Instead of reducing operational emissions, Shenzhen Investment has increased them, with 2023 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.

Shenzhen Investment's Operational (Scope 1+2) Emissions Pathway

20222023203000000BaselineCurrent (+206%)Target 2030 (-15%)
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