Eco World Development Group Berhad Sustainability Profile
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 50 is higher than 68% 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 2024, Eco World Development Group Berhad reported total carbon emissions of approximately 163,453 kg CO2e, with emissions distributed across various scopes: 6,735 kg CO2e (Scope 1), 22,793 kg CO2e (Scope 2), and 133,925 kg CO2e (Scope 3). Notably, the Scope 3 emissions included significant contributions from capital goods (78,599 kg CO2e) and employee commuting (42,077 kg CO2e). For the Malaysian operations in 2024, the company disclosed total emissions of about 140,070,000 kg CO2e, with Scope 1 emissions at 16,423,000 kg CO2e and Scope 2 emissions at 120,769,000 kg CO2e. The Scope 3 emissions for this region were reported at 11,512,000 kg CO2e, primarily from downstream leased assets (86,572,000 kg CO2e). Eco World has set ambitious reduction targets, aiming to decrease Scope 2 greenhouse gas emissions by 20% by 2025 and 30% by 2030, using a 2019 baseline of 6,976 tCO2e. This commitment reflects the company's proactive approach to mitigating climate impact and aligns with industry standards for sustainability. Overall, Eco World Development Group Berhad's emissions data and reduction initiatives demonstrate a commitment to addressing climate change and reducing their carbon footprint across all operational scopes.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 3,342 | 0,000 | 0,000 |
| Scope 2 | 132,528 | 000,000 | 00,000 |
| Scope 3 | 28,777,790 | 00,000,000 | 000,000 |
How Carbon Intensive is Eco World Development Group Berhad's Industry?
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Eco World Development Group Berhad's Scope 3 Categories Breakdown
Eco World Development Group Berhad's Scope 3 emissions, which decreased by 99% last year and decreased by approximately 100% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 59% of Scope 3 emissions.
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Eco World Development Group Berhad's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Eco World Development Group Berhad has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
