Sunway Berhad, commonly known as Sunway, is a prominent Malaysian conglomerate headquartered in Selangor, Malaysia. Established in 1974, the company has evolved into a key player in the construction, property development, and hospitality sectors, with significant operations across Southeast Asia. Sunway is renowned for its integrated business model, which encompasses real estate, construction, education, and healthcare. Its flagship developments, such as Sunway City, exemplify its commitment to sustainable urban living. The company has achieved notable milestones, including recognition for its innovative approach to green building practices. With a strong market position, Sunway has garnered numerous awards for excellence in construction and corporate responsibility, solidifying its reputation as a leader in the industry.
How does Sunway'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.
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.
Sunway's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sunway reported total carbon emissions of approximately 419,194,000 kg CO2e, with Scope 1 emissions at about 104,355,000 kg CO2e and Scope 2 emissions at approximately 188,898,000 kg CO2e. Scope 3 emissions contributed about 126,941,000 kg CO2e, primarily from downstream leased assets and employee commuting. Sunway has set ambitious climate commitments, aiming for a 45% reduction in residual emissions by 2030. Additionally, the company is committed to achieving net zero carbon emissions by 2050, focusing on transitioning to renewable energy sources. These targets align with their long-term sustainability strategy and reflect their commitment to addressing climate change within the real estate sector. The company has consistently disclosed its emissions data across all scopes, demonstrating transparency and accountability in its sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 131,000 | 00,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 2 | 169,236,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 3 | 1,676,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
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.
Sunway is participating in some of the initiatives that 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.