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Public Profile
Construction Work
MY
updated 4 months ago

Paramount Corporation Berhad Sustainability Profile

Company website

Paramount Corporation Berhad, often referred to as Paramount, is a prominent Malaysian company headquartered in Petaling Jaya, Malaysia. Established in 1969, Paramount has evolved into a key player in the property development and education sectors, with significant operations across Malaysia. The company is renowned for its diverse portfolio, which includes residential, commercial, and educational properties. Paramount's unique approach combines innovative design with sustainable practices, setting it apart in the competitive real estate market. Additionally, its education division operates several well-regarded institutions, contributing to its reputation as a leader in the industry. With a strong market position, Paramount Corporation Berhad has achieved notable milestones, including numerous awards for its developments and a commitment to enhancing community living. The company's dedication to quality and sustainability continues to drive its success in the Malaysian market and beyond.

DitchCarbon Score

How does Paramount Corporation 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.

34

Industry Average

Mean score of companies in the Construction Work 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.

24

Industry Benchmark

Paramount Corporation Berhad's score of 34 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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Paramount Corporation Berhad's reported carbon emissions

In 2024, Paramount Corporation Berhad reported total carbon emissions of approximately 6,276,500 kg CO2e. This figure includes 245,890 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling, accounted for about 5,467,840 kg CO2e. Additionally, Scope 3 emissions, which include all other indirect emissions, totalled approximately 562,770 kg CO2e, with significant contributions from employee commuting (484,080 kg CO2e) and business travel (70,400 kg CO2e). In 2023, the corporation's total emissions were slightly lower at about 6,206,060 kg CO2e, with Scope 1 emissions at 389,850 kg CO2e and Scope 2 emissions at 5,251,140 kg CO2e. Scope 3 emissions for that year were approximately 565,070 kg CO2e. Despite these emissions figures, Paramount Corporation Berhad has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent organisation, indicating a standalone approach to its carbon footprint management.

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20232024
Scope 1
389,850
000,000
Scope 2
5,251,140
0,000,000
Scope 3
565,070
000,000

How Carbon Intensive is Paramount Corporation Berhad's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Paramount Corporation Berhad's primary industry is Construction Work, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Paramount Corporation Berhad's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Paramount Corporation Berhad is in MY, which has a medium grid carbon intensity relative to other regions.

Paramount Corporation Berhad's Scope 3 Categories Breakdown

Paramount Corporation Berhad's Scope 3 emissions, which decreased by 0% last year and decreased by approximately 0% since 2023, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 9% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 86% of Scope 3 emissions.

Top Scope 3 Categories

2024
Employee Commuting
86%
Business Travel
13%
Waste Generated in Operations
1%

Paramount Corporation 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.

Paramount Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Paramount Corporation Berhad's Emissions with Industry Peers

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