Lippo China Resources
Lippo China Resources Limited, commonly referred to as LCR, is a prominent player in the diversified investment sector, headquartered in Hong Kong. Established in 1992, the company has made significant strides in various industries, including property development, retail, and logistics, primarily operating across Greater China and Southeast Asia. LCR is renowned for its unique approach to real estate and retail management, offering innovative solutions that cater to evolving market demands. The company’s core services encompass property investment, development, and management, alongside a robust retail portfolio that includes well-known brands. With a strong market position, Lippo China Resources has achieved notable milestones, solidifying its reputation as a leader in the region's investment landscape.
DitchCarbon Score
How does Lippo China Resources'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 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
Lippo China Resources's score of 30 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lippo China Resources's reported carbon emissions
In 2022, Lippo China Resources reported total carbon emissions of approximately 10,579,900 kg CO2e. This figure includes 2,273,100 kg CO2e from Scope 1 emissions, 8,233,100 kg CO2e from Scope 2 emissions, and 73,700 kg CO2e from Scope 3 emissions. The company's emissions have fluctuated over recent years, with total emissions recorded at 12,261,500 kg CO2e in 2021, 10,572,800 kg CO2e in 2020, and 10,799,700 kg CO2e in 2019. Notably, the Scope 1 and 2 emissions combined for 2022 were approximately 10,506,200 kg CO2e, reflecting a slight decrease from previous years. Despite these figures, Lippo China Resources has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of defined climate pledges indicates a potential area for improvement in their sustainability strategy. Overall, while the company has made some progress in managing its carbon footprint, the lack of formal reduction commitments suggests that further action may be necessary to enhance its climate resilience and accountability.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 4,384,100 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,107,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 111,300 | 00,000 | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Lippo China Resources is not committed to any reduction initiatives 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.
