Aspen
Aspen Group Holdings Berhad, commonly referred to as Aspen, is a prominent player in the real estate and property development industry, headquartered in Malaysia. Established in 2010, the company has rapidly expanded its operations across key regions, including Penang and Johor, 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 the successful launch of several high-profile developments that have garnered industry recognition. With a commitment to quality and customer satisfaction, Aspen has positioned itself as a leader in the Malaysian property market, continually striving to enhance the urban landscape while meeting the evolving needs of its clientele.
DitchCarbon Score
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.
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
Aspen's score of 44 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Aspen's reported carbon emissions
In 2023, Aspen reported total carbon emissions of approximately 1,011,100 kg CO2e, comprising 21,100 kg CO2e from Scope 1, 767,000 kg CO2e from Scope 2, and 233,000 kg CO2e from Scope 3 emissions. This represents a slight decrease in total emissions compared to 2022, where total emissions were about 1,798,780 kg CO2e, with Scope 1 at 40,400 kg CO2e, Scope 2 at 947,000 kg CO2e, and Scope 3 at 321,000 kg CO2e. Looking ahead to 2024, Aspen's emissions are projected to be approximately 1,134,430 kg CO2e, with Scope 1 emissions increasing to 24,100 kg CO2e, Scope 2 rising to 1,101,010 kg CO2e, and Scope 3 decreasing slightly to 231,320 kg CO2e. Aspen has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company continues to monitor and report its emissions across all three scopes, indicating a commitment to transparency in its environmental impact. The reported emissions intensity has also shown a downward trend, from 12.06 kg CO2e/sq. ft. in 2022 to 10.87 kg CO2e/sq. ft. in 2024, reflecting ongoing efforts to improve efficiency.
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Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 40,400 | 00,000 | 00,000 |
| Scope 2 | 947,000 | 000,000 | 0,000,000 |
| Scope 3 | 321,000 | 000,000 | 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.
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.
