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 40 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 104,355,000 kg CO2e from Scope 1, 188,898,000 kg CO2e from Scope 2, and significant contributions from Scope 3 emissions, including 10,843,000 kg CO2e from employee commuting and 102,510,000 kg CO2e from downstream leased assets. This reflects a continued commitment to transparency in their carbon footprint across all scopes. Sunway has set ambitious climate commitments, aiming for net zero carbon emissions by 2050. This long-term target encompasses all scopes of emissions and is part of their broader strategy to transition towards renewable energy. The company is actively working to implement initiatives that align with this vision, demonstrating a proactive approach to sustainability in the real estate sector. Historically, Sunway's emissions have varied, with total emissions recorded at approximately 151,901,000 kg CO2e in 2020 and 154,368,000 kg CO2e in 2021. The company has disclosed its emissions data across all three scopes, indicating a comprehensive understanding of its environmental impact. As part of its commitment to the Science Based Targets initiative (SBTi), Sunway is focused on achieving significant reductions in its carbon emissions, reinforcing its dedication to sustainable practices and climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 3,805,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 2 | 173,952,000 | 0,000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 3 | 2,214,000 | 0,000,000 | 0,000,000 | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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 committed to some 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.