In 2024, Sun Hung Kai Properties 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).
Sun Hung Kai Properties has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, the total operational greenhouse gas (GHG) emissions of Sun Hung Kai Properties amounted to 378,363 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).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Sun Hung Kai Properties decreased by 1.89%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
In 2024, the total Scope 1 emissions of Sun Hung Kai Properties were 43,835 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2020, Sun Hung Kai Properties's Scope 1 emissions have increased by 2.54%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), Sun Hung Kai Properties's Scope 1 emissions decreased by 4.35%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
In 2024, Sun Hung Kai Properties reported Scope 2 greenhouse gas (GHG) emissions of 205,935 tCOâ‚‚e using the market-based method, and 334,528 tCOâ‚‚e using the location-based method.
Compared to the previous year (2023), Sun Hung Kai Properties's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Sun Hung Kai Properties 's emissions have plateaued with no significant change in its energy consumption footprint.
In 2024, Sun Hung Kai Properties reported its Scope 2 emissions using the market-based method and using the location-based method.
In 2024, Sun Hung Kai Properties reported 1,774,722 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of Sun Hung Kai Properties includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain
In 2024, Sun Hung Kai Properties reported total Scope 3 emissions of 1,774,722 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 36.29% of these emissions originated from upstream activities such as purchased goods and capital goods, while 63.71% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2023), Sun Hung Kai Properties's Scope 3 emissions increased by 849,049.28%, suggesting that the company faced challenges in reducing emissions across its value chain.
In 2024, Sun Hung Kai Properties reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Sun Hung Kai Properties's Scope 3 emissions were:
In 2024, Sun Hung Kai Properties reported a total carbon footprint of 2,153,085 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 457.99% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Sun Hung Kai Properties's total carbon footprint was Scope 3 emissions, accounting for 82.43% of the company's total carbon footprint, followed by Scope 2 emissions at 15.54%.