In 2024, Shimao Group Holdings 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) and Scope 2 (indirect emissions from purchased energy).
However, Shimao Group Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 852.74a | 80.14b |
Total Scope 2 | ||
Unspecified Calculation Method | 3,550.54a | 3,957b |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.1038a | 0.0096b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Shimao Group Holdings amounted to 4,403.28 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 Shimao Group Holdings increased by 9.07%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Shimao Group Holdings were 852.74 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Shimao Group Holdings's Scope 1 emissions increased by 964.06%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Shimao Group Holdings reported Scope 2 greenhouse gas (GHG) emissions of 3,550.54 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Shimao Group Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 10.27% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Shimao Group Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Shimao Group Holdings reported Scope 1 greenhouse gas (GHG) emissions of 852.74 tCO₂e and total revenues of USD 8,215 millions. This translates into an emissions intensity of 0.1 tCO₂e per millions USD.a
In 2024, Shimao Group Holdings reported a Scope 1 emissions intensity of 0.1 tCO₂e per millions USD. Compared to the peer group median of 1.55, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Shimao Group Holdings ranked 4 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Shimao Group Holdings among the top performers, with one of the lowest emissions intensities relative to peers.a