Shimao Group Holdings Ltd

Common Name
Shimao Group Holdings
Country
Hong Kong
Sector
Real Estate
Industry
Real Estate - Development
Employees
40,141
Ticker
813
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Shimao Group Holdings Limited, an investment holding company, engages in the property development and investment business in the People's Republic of China. The company develops and invests residentia...

Shimao Group Holdings's Climate Target Data Preview

As of 2024, Shimao Group Holdings has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction 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 Shimao Group Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2031
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Shimao Group Holdings’s Climate Targets Data

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a. Shimao Group Holdings's Sustainability Report 2024
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Insights into Shimao Group Holdings's Greenhouse Gas Emissions Pathways

As of 2024, Shimao Group Holdings 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. a

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