Eco World Development Group Berhad
Eco World Development Group Berhad, commonly known as EcoWorld, is a prominent player in the Malaysian property development industry, headquartered in Malaysia. Established in 2013, the company has rapidly expanded its footprint across key operational regions, including the Klang Valley, Penang, and Iskandar Malaysia. Specialising in sustainable and innovative property solutions, EcoWorld focuses on residential, commercial, and mixed-use developments that prioritise environmental stewardship and community well-being. Their unique approach integrates green building practices and smart technology, setting them apart in a competitive market. With a commitment to excellence, EcoWorld has garnered numerous accolades, solidifying its position as a leader in the Malaysian real estate sector. The company continues to push boundaries, aiming to create vibrant, sustainable communities that enhance the quality of life for residents.
DitchCarbon Score
How does Eco World Development Group 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 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
Eco World Development Group Berhad's score of 37 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eco World Development Group Berhad's reported carbon emissions
In 2023, Eco World Development Group Berhad reported total carbon emissions of approximately 6,200,000 kg CO2e, comprising 1,254,000 kg CO2e from Scope 1, 4,478,000 kg CO2e from Scope 2, and 4,167,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions included significant contributions from employee commuting (1,922,000 kg CO2e) and waste generated in operations (2,925,000 kg CO2e). The company has set ambitious targets to reduce its Scope 2 greenhouse gas emissions by 20% by 2025 and 30% by 2030, using a baseline of 6,976,000 kg CO2e from FY2019. This commitment reflects Eco World's proactive approach to addressing climate change and enhancing sustainability across its operations. In 2024, emissions are projected to rise significantly, with Scope 3 emissions alone reaching approximately 90,190,000 kg CO2e, indicating a need for continued focus on emission reduction strategies. Eco World Development Group Berhad's ongoing efforts and targets position it as a responsible player in the real estate sector, committed to reducing its carbon footprint and contributing to global climate goals.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,254,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,478,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,100,000 | 0,000,000 | 00,000,000 |
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.
Eco World Development Group Berhad 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.
