Wharf Holdings Ltd

Common Name
Wharf Holdings
Country
Hong Kong
Sector
Real Estate
Industry
Real Estate - Development
Employees
6,000
Ticker
4
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Founded in 1886, The Wharf (Holdings) Limited (“Wharf”, Stock Code: 4) was the 17th company registered in Hong Kong and is currently the 7th with the longest history. Wharf is also one of the 30 const...

Wharf Holdings's GHG Emissions Data Preview

In 2024, Wharf 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Wharf Holdings has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Wharf Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Wharf Holdings’s data sources below and access millions more through our Disclosure Search.

a. Wharf Holdings's Sustainability Report 2024
a. Wharf Holdings's Sustainability Report 2024
b. Wharf Holdings's Sustainability Report 2022
b. Wharf Holdings's Sustainability Report 2022

Insights into Wharf Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Wharf Holdings amounted to 158,372 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 Wharf Holdings increased by 1.82%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Wharf Holdings's Scope 1 Emissions Over Time

2020202120222023202404.5 k9 k13.5 k18 ktCO2e+3%-7%+2%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Wharf Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Wharf Holdings were 16,961 metric tons of CO₂ equivalent (tCO₂e). a

Has Wharf Holdings reduced its Scope 1 emissions over time?

Since 2020, Wharf Holdings's Scope 1 emissions have remained relatively, stable, indicating that Wharf Holdings's emissions have plateaued with no significant change in its operational footprint. a b

Compared to the previous year (2023), Wharf Holdings's Scope 1 emissions increased by 1.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Wharf Holdings's Scope 2 emissions?

In 2024, Wharf Holdings reported Scope 2 greenhouse gas (GHG) emissions of 100,898 tCO₂e using the market-based method and 141,411 tCO₂e using the location-based method. a

What methodology does Wharf Holdings use for Scope 2 reporting?

In 2024, Wharf Holdings reported its Scope 2 emissions using the market-based method and using the location-based method. a

Wharf Holdings's Scope 2 Emissions Over Time

20202021202220232024050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Wharf Holdings's Value Chain Emissions

In 2024, Wharf Holdings reported 343,289 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Wharf Holdings includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Wharf Holdings's Scope 3 Emissions Over Time

20202021202220232024090 k180 k270 k360 ktCO2e0%+341%-52%+642%
  • Total Scope 3
  • Year-over-Year Change

What are Wharf Holdings's Scope 3 emissions?

In 2024, Wharf Holdings reported total Scope 3 emissions of 343,289 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 43.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 56.63% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Wharf Holdings reduced its Scope 3 emissions over time?

Since 2020, Wharf Holdings's Scope 3 emissions have increased by 1,471.48%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Wharf Holdings's Scope 3 emissions increased by 641.85%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Wharf Holdings disclose?

In 2024, Wharf Holdings reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Wharf Holdings's Scope 3 emissions?

In 2024, the largest contributors to Wharf Holdings's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 116,419 tCO₂e (33.91%)
  • Capital Goods (Cat. 2): 70,422 tCO₂e (20.51%)
  • Downstream Leased Assets (Cat. 13): 58,509 tCO₂e (17.04%)

Wharf Holdings's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(17.0%)Use of Sold Products(Cat. 11)(33.9%)Capital Goods(Cat. 2)(20.5%)

Insights into Wharf Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Wharf Holdings reported Scope 1 greenhouse gas (GHG) emissions of 16,961 tCO₂e and total revenues of USD 1,560 millions. This translates into an emissions intensity of 10.87 tCO₂e per millions USD. a

Wharf Holdings's Scope 1 Emissions Intensity Compared to Peers

5501,00020,000200,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)CPCCCCChina South City HoldingsYear: 2023Scope 1: 419 tCO2eRevenue: $M 516Scope 1 Intensity: 0.81 tCO2e/$MGemdale Properties & InvestmentYear: 2024Scope 1: 66 tCO2eRevenue: $M 1,979Scope 1 Intensity: 0.03 tCO2e/$MKerry PropertiesYear: 2024Scope 1: 5,094 tCO2eRevenue: $M 2,511Scope 1 Intensity: 2.03 tCO2e/$MHysan DevelopmentYear: 2023Scope 1: 1,754 tCO2eRevenue: $M 411Scope 1 Intensity: 4.27 tCO2e/$MPPPoly Property GroupYear: 2023Scope 1: 8,576 tCO2eRevenue: $M 6,288Scope 1 Intensity: 1.36 tCO2e/$MChina OverseasYear: 2024Scope 1: 8,162 tCO2eRevenue: $M 27,621Scope 1 Intensity: 0.30 tCO2e/$MHang Lung PropertiesYear: 2024Scope 1: 4,292 tCO2eRevenue: $M 1,448Scope 1 Intensity: 2.97 tCO2e/$MHang Lung GroupYear: 2023Scope 1: 4,034 tCO2eRevenue: $M 1,393Scope 1 Intensity: 2.90 tCO2e/$MCCChina Jinmao Holdings GroupYear: 2024Scope 1: 37,799 tCO2eRevenue: $M 8,850Scope 1 Intensity: 4.27 tCO2e/$MShimao Group HoldingsYear: 2024Scope 1: 853 tCO2eRevenue: $M 8,986Scope 1 Intensity: 0.09 tCO2e/$MCOPLYear: 2023Scope 1: 34,559 tCO2eRevenue: $M 2,005Scope 1 Intensity: 17.24 tCO2e/$MRoad King InfrastructureYear: 2023Scope 1: 522 tCO2eRevenue: $M 1,675Scope 1 Intensity: 0.31 tCO2e/$MSun Hung Kai PropertiesYear: 2024Scope 1: 43,835 tCO2eRevenue: $M 9,158Scope 1 Intensity: 4.79 tCO2e/$MNew World DevelopmentYear: 2024Scope 1: 9,701 tCO2eRevenue: $M 4,583Scope 1 Intensity: 2.12 tCO2e/$MSino Land CoYear: 2024Scope 1: 3,865 tCO2eRevenue: $M 1,123Scope 1 Intensity: 3.44 tCO2e/$MLink REITYear: 2025Scope 1: 7,594 tCO2eRevenue: $M 1,828Scope 1 Intensity: 4.15 tCO2e/$MChina Overseas Grand Oceans GroupYear: 2023Scope 1: 1,680 tCO2eRevenue: $M 8,682Scope 1 Intensity: 0.19 tCO2e/$MWharf Real Estate InvestmentYear: 2024Scope 1: 8,888 tCO2eRevenue: $M 1,663Scope 1 Intensity: 5.35 tCO2e/$MShenzhen InvestmentYear: 2024Scope 1: 6,712 tCO2eRevenue: $M 2,005Scope 1 Intensity: 3.35 tCO2e/$MCCChina Resources Land LtdYear: 2024Scope 1: 34,913 tCO2eRevenue: $M 41,588Scope 1 Intensity: 0.84 tCO2e/$MCK Asset HoldingsYear: 2024Scope 1: 98,333 tCO2eRevenue: $M 5,862Scope 1 Intensity: 16.77 tCO2e/$MC&D International GroupYear: 2024Scope 1: 7 tCO2eRevenue: $M 22,433Scope 1 Intensity: 0.00 tCO2e/$MYuexiu PropertyYear: 2024Scope 1: 6,329 tCO2eRevenue: $M 12,895Scope 1 Intensity: 0.49 tCO2e/$MHopson Development HoldingsYear: 2024Scope 1: 2,981 tCO2eRevenue: $M 4,872Scope 1 Intensity: 0.61 tCO2e/$MWharf HoldingsYear: 2024Scope 1: 16,961 tCO2eRevenue: $M 1,560Scope 1 Intensity: 10.87 tCO2e/$M

How does Wharf Holdings's GHG emissions intensity compare to its peers?

In 2024, Wharf Holdings reported a Scope 1 emissions intensity of 10.87 tCO₂e per millions USD. Compared to the peer group median of 2.07 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Wharf Holdings rank on GHG emissions intensity within its industry?

In 2024, Wharf Holdings ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Wharf Holdings among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Wharf Holdings's Total Carbon Footprint

In 2024, Wharf Holdings reported a total carbon footprint of 501,661 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 148.56% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Wharf Holdings's total carbon footprint was Scope 3 emissions, accounting for 68.43% of the company's total carbon footprint, followed by Scope 2 emissions at 28.19%. a

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