GlobalData offers a comprehensive analysis of China Resources 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 China Resources Land‘s ESG performance. GlobalData’s company profile on China Resources 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.
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China Resources Land, a leading real estate developer in China, is committed to reduce its greenhouse gas (GHG) emissions. The company has implemented strategies aligned with the state's directives on "carbon peak and carbon neutrality." These strategies encompass action plans aimed at achieving carbon peak, showcasing the company's commitment to playing a leading role in energy conservation and carbon reduction efforts as a central enterprise. As per the company's ESG report 2022, total amount of CO2 emission (thousand tons) was 476.34, while CO2 emissions per RMB 10,000 of revenue (comparable price) was 0.0244 ton.
The company has taken significant steps to reduce its emissions and has made investments in environmental protection and energy-saving initiatives. It has also implemented measures to improve energy use efficiency and reduce waste generation. The company has set emission reduction goals and is taking steps to achieve them.
China Resources Land has actively promoted sustainable development by implementing the effective deployment of the pilot efficient cooling system resulted in the successful achievement of efficient cooling operations in a total of eight newly constructed commercial projects in 2022. This accomplishment led to a noteworthy energy savings of over 33% compared to the industry average, equivalent to 8.29 million degrees of electricity per year. Additionally, carbon dioxide emissions were reduced by more than 4,600 tons, highlighting the substantial impact on carbon reduction. It has also focused on green building, waste recycling, and noise pollution control. The company's efforts in these areas demonstrate its commitment to addressing environmental and social challenges.
In conclusion, China Resources Land is committed to reducing its GHG emissions. CR Land is dedicated to proactively addressing and managing climate change risks throughout its entire operational process. The company has taken significant steps to reduce its emissions and improve its environmental performance. By promoting sustainable development reporting and implementing various initiatives, China Resources Land is actively working towards a more sustainable future in the real estate industry.
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