Public Profile

SkyWorld Development Berhad

SkyWorld Development Berhad, a prominent player in the Malaysian property development sector, is headquartered in Kuala Lumpur, Malaysia. Established in 2013, the company has rapidly gained recognition for its innovative approach to residential and commercial projects, primarily in the Klang Valley region. Specialising in high-quality, affordable housing, SkyWorld Development Berhad focuses on creating sustainable communities that enhance urban living. Their unique offerings include a diverse range of properties, from condominiums to mixed-use developments, all designed with modern aesthetics and functionality in mind. With a commitment to excellence, SkyWorld has achieved significant milestones, including numerous awards for design and sustainability. The company continues to strengthen its market position, driven by a vision to redefine urban living in Malaysia.

DitchCarbon Score

How does SkyWorld Development 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.

33

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.

26

Industry Benchmark

SkyWorld Development Berhad's score of 33 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

SkyWorld Development Berhad's reported carbon emissions

In 2023, SkyWorld Development Berhad reported total carbon emissions of approximately 574,600 kg CO2e, with emissions distributed across various scopes: 1,800 kg CO2e from Scope 1, 427,900 kg CO2e from Scope 2, and 471,200 kg CO2e from Scope 3. This marked an increase from 2022, where total emissions were about 447,600 kg CO2e, all attributed to Scope 1 emissions. For 2024, the company projected a significant rise in total emissions to approximately 1,342,880 kg CO2e, with Scope 1 emissions at 169,690 kg CO2e, Scope 2 at 579,570 kg CO2e, and Scope 3 at 593,620 kg CO2e. This upward trend highlights the challenges SkyWorld faces in managing its carbon footprint amidst growing operational demands. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from SkyWorld Development Berhad. The absence of specific initiatives or commitments suggests a need for enhanced strategies to address climate change and reduce emissions effectively. As the company continues to grow, establishing clear climate commitments will be crucial for aligning with industry standards and stakeholder expectations.

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202220232024
Scope 1
447,600
0,000
000,000
Scope 2
-
000,000
000,000
Scope 3
-
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SkyWorld Development Berhad's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. SkyWorld Development Berhad is headquartered in MY, which has a rank of medium, indicating medium grid carbon 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.

SkyWorld Development Berhad 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.

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

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