Guoco
Guoco, officially known as Guoco Group Limited, is a prominent investment holding company headquartered in Hong Kong. Founded in 1976, Guoco has established a strong presence across Asia, particularly in Hong Kong, Singapore, and Malaysia, focusing on diverse sectors such as property development, hospitality, and financial services. The company is renowned for its unique approach to integrated property development and investment, with flagship projects that exemplify innovation and sustainability. Guoco's notable achievements include its strategic investments in high-value real estate and its commitment to enhancing urban living through quality developments. As a key player in the Asian market, Guoco continues to solidify its reputation for excellence and forward-thinking in the competitive landscape of investment and property management.
DitchCarbon Score
How does Guoco's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Guoco's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Guoco's reported carbon emissions
In 2024, Guoco reported total carbon emissions of approximately 18,992,000 kg CO2e, comprising 11,288,000 kg CO2e from Scope 1 and 20,534,000 kg CO2e from Scope 2 emissions. The Scope 2 emissions were further broken down into 7,704,000 kg CO2e (market-based) and 11,086,000 kg CO2e (location-based). This marks a notable decrease from 2023, where total emissions were about 22,660,000 kg CO2e, with Scope 1 at 11,029,000 kg CO2e and Scope 2 at 12,136,000 kg CO2e. Over the past few years, Guoco has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported total emissions of approximately 58,874,900 kg CO2e, indicating a significant reduction in emissions by 2024. However, there are currently no specific reduction targets or initiatives disclosed, such as those aligned with the Science Based Targets initiative (SBTi). Guoco's emissions intensity has also been tracked, with a GHG emissions intensity of 30.0 kg CO2e per square metre for Scope 1 and 2 combined in 2024. The company continues to focus on its climate commitments, although specific pledges or targets have not been outlined. Overall, Guoco's emissions data reflects a trend towards lower emissions, aligning with broader industry efforts to combat climate change.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,889,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 7,840,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Guoco is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
