PT Sinar Mas Group
PT Sinar Mas Group, a prominent Indonesian conglomerate, is headquartered in Jakarta, Indonesia. Founded in 1938, the company has established itself as a leader across various sectors, including agribusiness, pulp and paper, property, financial services, and telecommunications. With a strong presence in Southeast Asia and beyond, Sinar Mas Group is renowned for its commitment to sustainable practices and innovation. The company’s core products, such as palm oil, paper products, and real estate developments, are distinguished by their quality and adherence to environmental standards. Sinar Mas Group has achieved significant milestones, including being one of the largest palm oil producers globally, which underscores its market position and dedication to responsible business practices. Through its diverse portfolio, PT Sinar Mas Group continues to play a vital role in Indonesia's economic landscape.
DitchCarbon Score
How does PT Sinar Mas Group'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 Real Estate Services 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
PT Sinar Mas Group's score of 17 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PT Sinar Mas Group's reported carbon emissions
In 2023, PT Sinar Mas Group reported total carbon emissions of approximately 1,585,317,000 kg CO2e. This figure includes Scope 1 emissions of about 14,531,000 kg CO2e, primarily from mobile combustion (1,111,000 kg CO2e) and fugitive emissions (13,087,000 kg CO2e). Scope 2 emissions, attributed to purchased electricity, were around 132,597,000 kg CO2e. The majority of their emissions, approximately 1,438,189,000 kg CO2e, fall under Scope 3, which encompasses various categories such as the use of sold products (959,109,000 kg CO2e) and investments (104,362,000 kg CO2e). In previous years, PT Sinar Mas Group's emissions were also significant, with 173,942,000 kg CO2e in 2022 and 163,765,000 kg CO2e in 2021. Despite these figures, the company has not disclosed specific reduction targets or initiatives as part of their climate commitments. Overall, PT Sinar Mas Group's emissions data highlights the scale of their carbon footprint, particularly in Scope 3 emissions, while their lack of defined reduction targets suggests an area for potential improvement in their climate strategy.
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Get Started| 2023 | |
|---|---|
| Scope 1 | 14,531,000 |
| Scope 2 | 132,597,000 |
| Scope 3 | 1,438,189,000 |
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.
PT Sinar Mas Group is not committed to any reduction initiatives 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.
