PT Lippo Cikarang Tbk
PT Lippo Cikarang Tbk, commonly referred to as Lippo Cikarang, is a prominent player in Indonesia's property development sector, headquartered in Cikarang, West Java. Established in 1991, the company has significantly contributed to the growth of the region, focusing on residential, commercial, and industrial developments. Lippo Cikarang is renowned for its integrated township projects, which combine residential living with commercial and industrial facilities, creating vibrant communities. The company has achieved notable milestones, including the development of the Lippo Cikarang City, a flagship project that exemplifies its commitment to sustainable urban planning. With a strong market position, PT Lippo Cikarang Tbk continues to innovate in the real estate industry, offering unique products and services that cater to the evolving needs of its customers. Its dedication to quality and community development has solidified its reputation as a leader in the Indonesian property market.
DitchCarbon Score
How does PT Lippo Cikarang Tbk'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
PT Lippo Cikarang Tbk's score of 16 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PT Lippo Cikarang Tbk's reported carbon emissions
In 2023, PT Lippo Cikarang Tbk reported total carbon emissions of approximately 14,752,000 kg CO2e, comprising 221,000 kg CO2e from Scope 1 and 14,152,000 kg CO2e from Scope 2 emissions. This reflects a reduction in Scope 1 emissions from 323,000 kg CO2e in 2022 and 210,000 kg CO2e in 2021, indicating a commitment to lowering direct emissions. However, the company has not disclosed any Scope 3 emissions data. Despite the reductions in Scope 1 emissions, PT Lippo Cikarang Tbk has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from the parent company, with the source organization being PT Lippo Cikarang Tbk itself, reflecting its current subsidiary status. Overall, while PT Lippo Cikarang Tbk has made strides in reducing its Scope 1 emissions, the lack of comprehensive climate commitments and targets suggests an area for potential improvement in its sustainability strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 210,000 | 000,000 | 000,000 |
| Scope 2 | 8,104,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
PT Lippo Cikarang Tbk is not participating in any of the initiatives that 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.
