Safeguarding the environment, micro and macro

Committed to Science-based targets (SBTs)

Chinachem has been ramping up its sustainability efforts to meet its carbon reduction roadmap. In January 2022, the science-based targets (SBTs) set by the Group were officially approved by the Science Based Targets initiative (SBTi). It has become Hong Kong’s second real estate developer to have completed SBTi validation with a 1.5°C-aligned target.

Commit to Science-based targets (SBTs)  Chinachem Group has been ramping up its sustainability efforts to meet its carbon reduction roadmap. In January 2022, the science-based targets (SBTs) set by the Group were officially approved by the Science Based Targets initiative (SBTi). It has become Hong Kong’s second real estate developer to have completed SBT validation with a 1.5°C-aligned target.   The Group is committed to reducing Scope 1 and 2 operational GHG emissions by 51.8% by 2030 from a 2020 base year, while reducing Scope 3 GHG emissions from downstream leased assets, capital goods and waste generated in operations by 20% within the same timeframe.

Clean energy

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