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.
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.
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.
SkyWorld Development Berhad's score of 11 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SkyWorld Development Berhad reported an emission intensity of approximately 0.0007 tCO2e per RM million in revenue, with total revenue of about USD 190.57 million. The previous year, 2022, saw a slightly lower emission intensity of approximately 0.0006 tCO2e per RM million, with revenue around USD 187.66 million. For 2024, the emission intensity increased to about 0.002 tCO2e per RM million, with revenue reported at approximately USD 145.65 million. Currently, SkyWorld has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set formal reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi). The company does not appear to inherit emissions data from a parent organisation, indicating that their climate commitments and performance are independently reported. SkyWorld Development Berhad's approach to carbon emissions reflects a growing awareness of climate impact, although specific reduction strategies or pledges have not been articulated. As the company continues to evolve, further transparency regarding their emissions and climate commitments will be essential for stakeholders.
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 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.