- Weak macroeconomic environment impacting office and retail property leasing markets, leading to reduced rents and occupancy rates.
- Late payment of land appreciation tax (LAT) triggered cross-defaults of certain bank borrowings.
- Material uncertainty exists regarding the Group’s ability to continue as a going concern due to exceeding current liabilities over current assets and outstanding LAT.
SOHO China Limited
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 111.7K tonnes |
| 2021 | 96.0K tonnes (CO2e reduction) |
| 2019 | 51.0K |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Completed and put into use the "Yangzheng Library", one of the first real zero-carbon buildings in China.
- Achieved a five-star rating from Global Real Estate Sustainability Benchmark (GRESB)
🌱 ESG Focus Areas
Carbon emissions reductionPublic welfare activitiesSustainable building design