Genting Malaysia Berhad Sustainability Profile
Genting Malaysia Berhad, a prominent player in the leisure and hospitality industry, is headquartered in Malaysia. Founded in 1965, the company has established itself as a leader in the development and operation of integrated resorts, with major operations in Malaysia, the United Kingdom, and the United States. The company is renowned for its flagship property, Resorts World Genting, which offers a unique blend of entertainment, gaming, and accommodation services. Genting Malaysia's commitment to innovation and excellence has earned it a strong market position, with notable achievements including multiple awards for its world-class facilities. With a focus on delivering exceptional guest experiences, Genting Malaysia continues to shape the landscape of the global tourism sector.
DitchCarbon Score
How does Genting Malaysia 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 Recreation and Sports 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
Genting Malaysia Berhad's score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Genting Malaysia Berhad's reported carbon emissions
In 2024, Genting Malaysia Berhad reported total carbon emissions of approximately 288,781,000 kg CO2e, comprising 36,450,000 kg CO2e from Scope 1, 252,331,000 kg CO2e from Scope 2, and 21,593,530 kg CO2e from Scope 3 emissions. The Scope 3 emissions included 383,000 kg CO2e from business travel and 21,090,000 kg CO2e from employee commuting. For 2023, the company’s emissions were approximately 209,620,000 kg CO2e in Malaysia, with Scope 1 emissions at 36,330,000 kg CO2e and Scope 2 emissions at 173,290,000 kg CO2e. The total emissions for the global operations in 2023 were about 61,000,000 kg CO2e for Scope 1 and 3,475,000 kg CO2e for Scope 2, alongside 8,316,000 kg CO2e from Scope 3. Genting Malaysia has set ambitious targets to reduce electricity consumption by 12% by 2028, relative to a 2018 baseline, which applies to both Scope 1 and Scope 2 emissions. This commitment reflects the company's proactive approach to mitigating its carbon footprint and aligns with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that Genting Malaysia Berhad independently reports its carbon emissions and climate commitments.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 75,286,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 300,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
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Genting Malaysia Berhad's Scope 3 Categories Breakdown
Genting Malaysia Berhad's Scope 3 emissions, which increased by 160% last year and increased by approximately 379% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 7% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 98% of Scope 3 emissions.
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Genting Malaysia 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.
Genting Malaysia Berhad has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
