Genting Malaysia Berhad
Genting Malaysia Berhad, a prominent player in the recreational, cultural, and sporting services industry, is headquartered in Malaysia. Established in 1965, the company has evolved into a leading provider of integrated resort experiences, primarily operating in Malaysia and other key regions.
With a diverse portfolio that includes world-class casinos, hotels, and entertainment facilities, Genting Malaysia stands out for its commitment to innovation and guest satisfaction. The company is renowned for its flagship destination, Resorts World Genting, which offers a unique blend of leisure, dining, and entertainment options.
Recognised for its market leadership, Genting Malaysia has achieved significant milestones, including expansions into international markets and the introduction of cutting-edge attractions. As a result, it continues to shape the landscape of the leisure and tourism sector in the region.
-9 vs industry average
Genting Malaysia Berhad’s score of 20 is lower than 29% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Recreation and Sports Services has below-average carbon intensity
Industry performance
The Recreation and Sports Services industry has reduced its overall emissions by 2% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Genting Malaysia Berhad's reported carbon emissions
Genting Malaysia Berhad, operating within the recreational, cultural, and sporting services industry in Malaysia, has reported its carbon emissions across various scopes. For the reporting year 2024, the company disclosed a Scope 1 emission total of approximately 39,535,000 kg CO2e, and Scope 2 emissions amounting to approximately 257,175,000 kg CO2e. Scope 3 emissions for the same period were approximately 21,593,530 kg CO2e, with specific figures for business travel at about 504,000 kg CO2e and employee commute at approximately 21,090,000 kg CO2e. The total combined Scope 1 and 2 emissions for 2024 were approximately 296,710,000 kg CO2e. In 2023, Genting Malaysia Berhad reported Scope 1 emissions of approximately 39,206,000 kg CO2e and Scope 2 emissions of approximately 178,298,000 kg CO2e. The combined Scope 1 and 2 total for 2023 was approximately 217,504,000 kg CO2e. Further back, for the 2022 reporting year, Scope 1 emissions were approximately 29,797,000 kg CO2e, and Scope 2 emissions totalled approximately 166,643,000 kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 196,440,000 kg CO2e. In 2021, the company reported total emissions of approximately 136,039,000 kg CO2e, comprising Scope 1 emissions of approximately 19,684,000 kg CO2e, Scope 2 emissions of approximately 116,355,000 kg CO2e, and Scope 3 emissions of approximately 4,500,000 kg CO2e. For 2020, Scope 1 emissions were approximately 55,500,000 kg CO2e, Scope 2 emissions were approximately 2,727,000 kg CO2e, and Scope 3 emissions were approximately 4,510,000 kg CO2e. Earlier data includes: * 2019: Scope 1 emissions of approximately 57,492,000 kg CO2e and Scope 2 emissions of approximately 1,033,000 kg CO2e. * 2018: Scope 1 emissions of approximately 65,164,000 kg CO2e and Scope 2 emissions of approximately 766,000 kg CO2e. * 2017: Scope 1 emissions of approximately 74,039,000 kg CO2e and Scope 2 emissions of approximately 665,000 kg CO2e. * 2016: Scope 1 emissions of approximately 75,286,000 kg CO2e and Scope 2 emissions of approximately 300,000 kg CO2e. Genting Malaysia Berhad is working towards reducing its environmental impact. The company has set a near-term target to reduce electricity consumption by 12% by 2028, using 2018 as a baseline. This target applies to both Scope 1 and Scope 2 emissions. Notably, the company has been assessed as on track for its two-year target for electricity consumption reduction and on track for its five-year target for Scope 1 electricity consumption reduction. However, it is not on track for its five-year Scope 2 electricity consumption reduction target. The company's emissions data is reported as cascaded from Genting Malaysia Berhad, indicating it is the source organization for this performance data.
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Genting Malaysia Berhad’s Climate Goals (2030 & 2050)
2 goals2024
5.1% reduction in Scope 1
Overall, the Group achieved a 5.1% reduction in its GHG emissions in FY2024 as compared to FY2023.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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