Sunway Berhad, commonly known as Sunway, is a prominent Malaysian conglomerate headquartered in Selangor, Malaysia. Established in 1974, the company has evolved into a key player in the construction, property development, and hospitality sectors, with significant operations across Southeast Asia. Sunway is renowned for its integrated business model, which encompasses real estate, construction, education, and healthcare. Its flagship developments, such as Sunway City, exemplify its commitment to sustainable urban living. The company has achieved notable milestones, including recognition for its innovative approach to green building practices. With a strong market position, Sunway has garnered numerous awards for excellence in construction and corporate responsibility, solidifying its reputation as a leader in the industry.
How does Sunway'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 Business 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.
Sunway's score of 37 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sunway Berhad reported total carbon emissions of approximately 328,851,000 kg CO2e. This figure includes 104,355,000 kg CO2e from Scope 1 emissions, primarily from direct fuel combustion, and 188,898,000 kg CO2e from Scope 2 emissions, which are associated with purchased electricity. Additionally, Scope 3 emissions totalled around 314,414,000 kg CO2e, encompassing various indirect emissions such as business travel and downstream leased assets. Sunway has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term target encompasses all scopes of emissions, reflecting the company's dedication to comprehensive climate action. The commitment to net-zero was reaffirmed in 2022, indicating a proactive approach to sustainability within the real estate sector. Overall, Sunway's emissions data highlights significant areas for improvement, particularly in managing Scope 3 emissions, which represent a substantial portion of their total carbon footprint. The company's long-term climate commitments demonstrate a strategic focus on reducing its environmental impact while contributing to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 3,805,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 2 | 173,952,000 | 0,000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 3 | 2,214,000 | 0,000,000 | 0,000,000 | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Sunway is committed to some 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.