In 2024, Wangfujing 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) and Scope 2 (indirect emissions from purchased energy).
However, Wangfujing Group 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 | 61,025.84a | 114,945.6b |
Total Scope 2 | ||
Unspecified Calculation Method | 426,388.47a | 428,280.78b |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 39.1651a | 66.8278b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Wangfujing Group amounted to 487,414.31 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 Wangfujing Group decreased by 10.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Wangfujing Group were 61,025.84 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Wangfujing Group's Scope 1 emissions decreased by 46.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Wangfujing Group reported Scope 2 greenhouse gas (GHG) emissions of 426,388.47 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Wangfujing Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Wangfujing Group's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, Wangfujing Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Wangfujing Group reported Scope 1 greenhouse gas (GHG) emissions of 61,025.84 tCO₂e and total revenues of USD 1,558 millions. This translates into an emissions intensity of 39.17 tCO₂e per millions USD.a
In 2024, Wangfujing Group reported a Scope 1 emissions intensity of 39.17 tCO₂e per millions USD. Compared to the peer group median of 4.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Wangfujing Group ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Wangfujing Group among the least efficient performers, with one of the highest emissions intensities in its sector.a