Genting Malaysia Berhad
Genting Malaysia Berhad, a prominent player in the leisure and hospitality industry, is headquartered in Malaysia. Founded in 1965, the company has established itself as a leader in the development and operation of integrated resorts, with major operations in Malaysia, the United Kingdom, and the United States. The company is renowned for its flagship property, Resorts World Genting, which offers a unique blend of entertainment, gaming, and accommodation services. Genting Malaysia's commitment to innovation and excellence has earned it a strong market position, with notable achievements including multiple awards for its world-class facilities. With a focus on delivering exceptional guest experiences, Genting Malaysia continues to shape the landscape of the global tourism sector.
DitchCarbon Score
How does Genting Malaysia Berhad'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 Recreation and Sports 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
Genting Malaysia Berhad's score of 29 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Genting Malaysia Berhad's reported carbon emissions
In 2023, Genting Malaysia Berhad reported total carbon emissions of approximately 188,918,000 kg CO2e, comprising 57,400,000 kg CO2e from Scope 1, 3,475,000 kg CO2e from Scope 2, and 8,316,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to previous years, reflecting the company's operational scale and activities. In 2022, the company recorded total emissions of about 136,039,000 kg CO2e, with 53,200,000 kg CO2e from Scope 1, 3,101,000 kg CO2e from Scope 2, and 1,557,000 kg CO2e from Scope 3. The trend indicates a growing carbon footprint, which the company must address to meet climate commitments. Genting Malaysia has disclosed emissions data across Scopes 1, 2, and 3, demonstrating transparency in its reporting. However, there are currently no specific reduction targets or initiatives outlined in their climate strategy, which may limit their ability to effectively manage and reduce their carbon emissions in the future. The absence of Science-Based Targets Initiative (SBTi) reduction targets further highlights the need for a more robust climate action plan. Overall, while Genting Malaysia Berhad has made strides in emissions reporting, the lack of defined reduction targets and initiatives suggests an opportunity for improvement in their climate commitments.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 75,286,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 300,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Genting Malaysia Berhad is not participating in any 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.
