LBS Bina Group Berhad Sustainability Profile
LBS Bina Group Berhad, a prominent player in the Malaysian construction and property development industry, is headquartered in Petaling Jaya, Malaysia. Established in 2000, the company has made significant strides in residential, commercial, and industrial developments across key regions in Malaysia, including Selangor and Johor. Specialising in integrated property solutions, LBS Bina is renowned for its innovative approach to urban living, offering unique developments that blend modern design with sustainable practices. The company has achieved notable milestones, including recognition for its commitment to quality and excellence in construction. With a strong market position, LBS Bina Group Berhad continues to shape the Malaysian landscape, delivering exceptional value through its diverse portfolio of properties and a customer-centric focus that sets it apart in the competitive real estate sector.
DitchCarbon Score
How does LBS Bina 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
LBS Bina Group Berhad's score of 41 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LBS Bina Group Berhad's reported carbon emissions
In 2024, LBS Bina Group Berhad reported total carbon emissions of approximately 6,440,000 kg CO2e. This figure includes Scope 1 emissions of about 279,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 5,418,000 kg CO2e, derived from purchased electricity. Additionally, Scope 3 emissions totalled around 743,000 kg CO2e, with significant contributions from employee commuting (approximately 663,000 kg CO2e) and business travel (about 67,000 kg CO2e). Comparatively, in 2023, the company recorded total emissions of about 6,136,000 kg CO2e, indicating a slight increase in emissions year-on-year. The breakdown for 2023 shows Scope 1 emissions at approximately 288,000 kg CO2e, Scope 2 at about 5,173,000 kg CO2e, and Scope 3 at around 674,000 kg CO2e. LBS Bina Group Berhad has set a target to achieve a 5% reduction in energy intensity (Scope 2) by 2025, starting from 2022. This commitment reflects the company's proactive approach to managing its carbon footprint and enhancing sustainability practices. The emissions data is not cascaded from any parent organization, indicating that LBS Bina Group Berhad independently reports its carbon emissions and climate commitments.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 11,250,300 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,250,300 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 10,284,430 | 000,000 | 000,000 | 000,000 |
How Carbon Intensive is LBS Bina Group Berhad's Industry?
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LBS Bina 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.
LBS Bina Group 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.
