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.
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.
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.
Eco World Development Group Berhad's score of 18 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Eco World Development Group Berhad, headquartered in Malaysia (MY), reported total greenhouse gas emissions of approximately 5,732,000 kg CO2e, which includes Scope 1 emissions of about 1,254,000 kg CO2e and Scope 2 emissions of approximately 4,478,000 kg CO2e. Additionally, Scope 3 emissions were significant, with business travel contributing about 199,000 kg CO2e, employee commute at approximately 1,922,000 kg CO2e, downstream leased assets at around 86,572,000 kg CO2e, and waste generated in operations at about 4,491,000 kg CO2e. For the previous year, 2023, the company reported total emissions of about 6,862,000 kg CO2e, with Scope 1 emissions at approximately 1,012,000 kg CO2e and Scope 2 emissions at around 5,850,000 kg CO2e. Scope 3 emissions included waste generated in operations, which accounted for about 1,925,000 kg CO2e. Eco World Development Group has set ambitious reduction targets, aiming to decrease 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 the company's proactive approach to climate action and sustainability within the real estate development sector. The emissions data is not cascaded from any parent organization, indicating that Eco World Development Group Berhad independently reports its emissions and climate commitments.
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.