KE Holdings Inc. Announces Carbon Neutrality Goal by 2030

BEIJING, Dec. 15, 2023 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it has released its 2023 Beike Carbon Neutrality Target and Action Roadmap Report (the “Report”), outlining the Company’s commitments and initiatives towards achieving carbon neutrality in its own operations by 2030.

Mr. Stanley Yongdong Peng, Co-founder, Chairman of the Board and Chief Executive Officer of Beike, commented, “We are resolute in our commitment to achieving carbon neutrality, and in the future, addressing climate change will be a major theme guiding our work. As a technology-driven one-stop platform of residential services, we aim to drive wider carbon reduction through technology empowerment and connections with communities, and to drive the participation of users, real estate agents, and other relevant parties through VR, AR, paperless online contract signing and other technologies to create a low-carbon future in the residential sector.”

Carbon Neutrality Action Roadmap

Alongside Beike’s commitments in the Report to achieving carbon neutrality in its own operations (Scope 1 and 2)¹ by 2030, the Company also targets a 60% reduction in value chain carbon emissions (Scope 3)² intensity at its headquarters and the real estate brokerage business and a 30% reduction in its home renovation and furnishing and home rental businesses, using 2022 as the base year.

In Beike’s operations, decarbonizing purchased energy will be a key focus of attaining carbon neutrality. The Company plans to implement greenhouse gas (GHG) emission reduction measures at the source through enhanced management efficiency, energy mix optimization and technological innovation. Beike introduced an intelligent energy monitoring and control system for its stores, enabling smart analytics, diagnosis and optimization of energy usage, with an aim to reduce energy consumption and emissions per unit area. In September 2023, the Company’s Beijing Lianjia ALFA Community Store received the LEED Gold Certification, making it the first Lianjia store to achieve this distinction. This achievement serves as a starting point for Beike to establish more green stores.