GlobalData offers a comprehensive analysis of Shui On Land, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Shui On Land‘s ESG performance. GlobalData’s company profile on Shui On Land offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Smarter leaders trust GlobalData
Shui On Land's commitment towards enivironmental issues involves achieving net-zero emissions by 2050, alongside specific targets set for 2030 concerning energy, water, and waste management. The real estate company has implemented separate metering or submetering for grid electricity consumption and water withdrawals for all its tenants, ensuring accurate measurement and incentivizing sustainability impacts.The company achieved a reduction of 27.5% in Scope 1 and 2 carbon emissions intensity, 12.2% in energy intensity, 25% in water intensity, and 2,116 tonnes of waste diversion from landfills in comparison to 2021 levels.
In 2022, the company reported a total of 8,375,910 kgCO2, equivalent in Scope 1 (direct emissions), 73,120,531 kgCO2 in Scope 2 (energy indirect emissions from purchased electricity), and 99,538,919 kgCO2, equivalent in Scope 3 (tenant emissions).
The company has taken steps to reduce its emissions and has transitioned towards net-zero emissions and implemented climate change mitigation and adaptation strategies. The company has also conducted a climate change risk exposure analysis and developed strategies to mitigate risks. The company has received 12 certifications and pre-certifications in total, including dual green and healthy certifications.
Shui On Land has made investments to reduce emissions and achieve its net-zero targets. The excerpts mention that 15% of the company's energy was procured from renewable sources. This indicates a commitment to transitioning towards cleaner energy sources. However, specific details about other investments or plans for emission reduction are not provided in the excerpts.
Shui On Land's concerted efforts in reducing carbon emissions and implementing sustainability initiatives demonstrate a clear commitment to its net-zero targets by 2050. The company's comprehensive approach, including certifications, emissions reduction strategies, and renewable energy adoption, signifies a proactive stance in mitigating climate risks and fostering a greener future.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.
