SkyWorld Development Berhad Sustainability Profile
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.
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
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.
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SkyWorld Development Berhad's reported carbon emissions
In 2024, SkyWorld Development Berhad reported total carbon emissions of approximately 1,342,900 kg CO2e in Malaysia. This figure includes Scope 1 emissions of about 169,700 kg CO2e, Scope 2 emissions of approximately 579,600 kg CO2e, and Scope 3 emissions of around 593,600 kg CO2e. The company's emissions data reflects a comprehensive approach to tracking its carbon footprint across all relevant scopes. Comparatively, in 2023, SkyWorld's total emissions were about 574,600 kg CO2e, with Scope 1 emissions at 1,700 kg CO2e, Scope 2 at approximately 471,200 kg CO2e, and Scope 3 at around 101,700 kg CO2e. This indicates a significant increase in emissions from 2023 to 2024, highlighting the need for enhanced climate strategies. SkyWorld Development Berhad has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organization. The absence of formal commitments or targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while SkyWorld Development Berhad has made strides in emissions reporting, the lack of reduction initiatives and targets indicates an opportunity for the company to strengthen its climate commitments and align with industry standards for sustainability.
How Carbon Intensive is SkyWorld Development Berhad's Industry?
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SkyWorld Development 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.
SkyWorld Development 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.
