Aspen Group, commonly referred to as Aspen, is a prominent player in the real estate and property development industry, headquartered in Penang, Malaysia. Founded in 2000, the company has established a strong presence in key operational regions across Malaysia and beyond, focusing on residential, commercial, and mixed-use developments. Aspen is renowned for its innovative approach to property development, offering unique projects that blend modern design with sustainable living. The company has achieved significant milestones, including numerous awards for excellence in construction and design, solidifying its market position as a leader in the industry. With a commitment to quality and customer satisfaction, Aspen continues to shape the urban landscape, making it a notable name in the property sector.
How does Aspen'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.
Aspen's score of 35 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Aspen reported total carbon emissions of approximately 81,208,000 tonnes CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 145,000 tonnes CO2e, while Scope 2 emissions reached approximately 2,824,000 tonnes CO2e. The majority of emissions stemmed from Scope 3, which accounted for around 78,239,000 tonnes CO2e, primarily driven by purchased goods and services (about 11,455,000 tonnes CO2e) and the use of sold products (approximately 56,116,000 tonnes CO2e). In 2023, Aspen's total emissions were approximately 25,381,000 tonnes CO2e, with Scope 1 emissions at about 240,000 tonnes CO2e and Scope 2 emissions at approximately 2,672,000 tonnes CO2e. The Scope 3 emissions for that year were around 22,469,000 tonnes CO2e. For 2022, Aspen's total emissions were reported at approximately 1,798,000 tonnes CO2e, with Scope 1 emissions of about 229,000 tonnes CO2e and Scope 2 emissions of approximately 2,376,000 tonnes CO2e. Scope 3 emissions for 2022 were around 19,993,000 tonnes CO2e. Despite these figures, Aspen has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to assess its carbon footprint and explore potential strategies for emissions reduction in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 229,000 | 000,000 | 000,000 |
Scope 2 | 2,376,000 | 0,000,000 | 0,000,000 |
Scope 3 | 19,993,000 | 00,000,000 | 00,000,000 |
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.
Aspen 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.