Sunway
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.
DitchCarbon Score
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.
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
Sunway's score of 39 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sunway's reported carbon emissions
In 2023, Sunway reported total carbon emissions of approximately 104,355,000 kg CO2e from Scope 1, 188,898,000 kg CO2e from Scope 2, and significant contributions from Scope 3 emissions, including 102,510,000 kg CO2e from downstream leased assets. This reflects a commitment to transparency in their emissions reporting across all scopes. Over the years, Sunway has demonstrated a proactive approach to reducing its carbon footprint. In 2022, total emissions were about 185,744,000 kg CO2e, indicating a focus on improvement. The company has set ambitious long-term targets, aiming for net zero carbon emissions by 2050, with a strategic emphasis on transitioning to renewable energy sources. This commitment aligns with their Science Based Targets initiative (SBTi) goals, reinforcing their dedication to sustainable practices. Sunway's emissions data highlights a consistent effort to monitor and manage their carbon output, with a clear trajectory towards reducing their environmental impact. The company is actively working to implement strategies that will contribute to a more sustainable future, reflecting a growing awareness of climate change and corporate responsibility within the real estate sector in Malaysia.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 131,000 | 00,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 169,236,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 1,676,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
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.
Sunway is participating in some 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.
