Lippo Karawaci

Lippo Karawaci's reported carbon emissions

Lippo Karawaci's Carbon Emissions and Climate Commitments In 2023, Lippo Karawaci, a real estate services company based in Indonesia (ID), reported total greenhouse gas emissions of approximately 2.19 billion kg CO2e. This figure includes Scope 1 emissions totalling about 1.86 billion kg CO2e, Scope 2 emissions of approximately 274 million kg CO2e, and Scope 3 emissions amounting to about 316 million kg CO2e. The company's Scope 1 emissions in 2023 were predominantly driven by fugitive emissions, estimated at 1.47 billion kg CO2e, followed by stationary combustion at 272 million kg CO2e and mobile combustion at 122 million kg CO2e. Scope 2 emissions were solely from purchased electricity. Significant contributors to its Scope 3 emissions included downstream leased assets (110 million kg CO2e) and the use of sold products (110 million kg CO2e). In 2022, Lippo Karawaci's total emissions were approximately 1.65 billion kg CO2e, comprising about 1.23 billion kg CO2e of Scope 1, 262 million kg CO2e of Scope 2, and 167 million kg CO2e of Scope 3 emissions. The company has disclosed Scope 1, 2, and 3 emissions data for 2023 and 2022. However, Scope 3 data was not disclosed for 2021, 2020, and 2019. Lippo Karawaci has not publicly disclosed specific greenhouse gas reduction targets or commitments to initiatives such as SBTi, RE100, or the Climate Pledge. The company's emissions intensity data for high-rise residential properties was 164.0 kg CO2e per m2 in 2023, and for hospitals, it was 115.0 kg CO2e per m2. These intensity figures reflect a notable reduction from previous years; for example, high-rise residential intensity was 114.0 kg CO2e/m2 in 2022 and 213.0 kg CO2e/m2 in 2021. Similarly, hospital intensity was 66.0 kg CO2e/m2 in 2022, down from 127.0 kg CO2e/m2 in 2021.