Shun Tak Holdings Limited
Shun Tak Holdings Limited, often referred to as Shun Tak, is a prominent Hong Kong-based conglomerate established in 1961. With its headquarters in Hong Kong, the company operates primarily in the transportation, property development, and hospitality sectors, making significant contributions to the region's infrastructure and economy. Shun Tak is renowned for its ferry services, connecting Hong Kong with Macau and mainland China, alongside its extensive portfolio of real estate developments and hotel management. The company has achieved notable milestones, including the development of iconic properties and a strong market presence in the Greater Bay Area. With a commitment to innovation and quality, Shun Tak Holdings Limited continues to enhance its offerings, solidifying its position as a leader in the transportation and property industries in Asia.
DitchCarbon Score
How does Shun Tak Holdings Limited'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 Construction Work 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
Shun Tak Holdings Limited's score of 26 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shun Tak Holdings Limited's reported carbon emissions
In 2023, Shun Tak Holdings Limited reported total carbon emissions of approximately 116,668,000 kg CO2e for Scope 1 and about 63,456,000 kg CO2e for Scope 2. This reflects a significant increase in emissions compared to 2022, where Scope 1 emissions were approximately 4,942,000 kg CO2e and Scope 2 emissions were about 57,595,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Shun Tak has set ambitious reduction targets, aiming to decrease carbon intensity by 10% for both Scope 1 and Scope 2 emissions by 2030, using 2017 levels as a baseline. Additionally, the company plans to reduce water and waste intensity by 10% by 2030 from 2017 and 2020 levels, respectively. These commitments demonstrate Shun Tak's proactive approach to addressing climate change and enhancing sustainability within its operations.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 4,942,000 | 000,000,000 |
| Scope 2 | 57,595,000 | 00,000,000 |
| 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.
Shun Tak Holdings Limited 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.
