Sunway Berhad, a prominent player in the real estate services industry, is headquartered in Malaysia (MY) and operates extensively across Southeast Asia. Founded in 1974, the company has established itself as a leader in property development, construction, and investment, with a strong focus on sustainable practices and community development.
Sunway's core offerings include residential, commercial, and mixed-use developments, distinguished by their innovative designs and commitment to quality. The company has achieved significant milestones, including numerous awards for its projects and a robust market position, making it a trusted name in real estate. With a vision to create a better future through sustainable living, Sunway continues to shape the urban landscape while enhancing the quality of life for communities.
+10 vs industry average
Sunway’s score of 39 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sunway's reported carbon emissions
Sunway's Climate Commitments and Emissions Overview
Sunway, a real estate services company headquartered in Malaysia, is actively engaged in addressing its climate impact. While specific absolute emissions figures are detailed below, the company has set forth ambitious targets and is a signatory to key initiatives underscoring its commitment to sustainability.
Carbon Emissions Data
2024:
- Total Emissions: Approximately 386.1 million kg CO2e
- Scope 1: Approximately 118.6 million kg CO2e
- Scope 2: Approximately 218.5 million kg CO2e
- Scope 3: Approximately 156.3 million kg CO2e
2023:
- Total Emissions: Approximately 328.8 million kg CO2e
- Scope 1: Approximately 101.6 million kg CO2e
- Scope 2: Approximately 188.9 million kg CO2e
- Scope 3: Approximately 125.9 million kg CO2e
2022:
- Total Emissions: Approximately 202.7 million kg CO2e
- Scope 1: Approximately 55.6 million kg CO2e
- Scope 2: Approximately 70.7 million kg CO2e
- Scope 3: Approximately 75.4 million kg CO2e
2021:
- Total Emissions: Approximately 155.2 million kg CO2e
- Scope 1: Approximately 47.7 million kg CO2e
- Scope 2: Approximately 53.6 million kg CO2e
- Scope 3: Approximately 51.4 million kg CO2e
2020:
- Total Emissions: Approximately 133.0 million kg CO2e
- Scope 1: Approximately 41.9 million kg CO2e
- Scope 2: Approximately 43.0 million kg CO2e
- Scope 3: Approximately 45.5 million kg CO2e
2019:
- Total Emissions: Approximately 146.9 million kg CO2e
- Scope 1: Approximately 49.1 million kg CO2e
- Scope 2: Approximately 48.8 million kg CO2e
- Scope 3: Approximately 50.4 million kg CO2e
2018:
- Total Emissions: Approximately 196.0 million kg CO2e
- Scope 1: Approximately 0.1 million kg CO2e
- Scope 2: Approximately 195.9 million kg CO2e
- Scope 3: Approximately 2.9 million kg CO2e
2017:
- Total Emissions: Approximately 184.3 million kg CO2e
- Scope 1: Approximately 0.1 million kg CO2e
- Scope 2: Approximately 184.2 million kg CO2e
- Scope 3: Approximately 3.4 million kg CO2e
2016:
- Total Emissions: Approximately 191.9 million kg CO2e
- Scope 1: Approximately 0.1 million kg CO2e
- Scope 2: Approximately 190.0 million kg CO2e
- Scope 3: Approximately 1.6 million kg CO2e
2015:
- Total Emissions: Approximately 170.9 million kg CO2e
- Scope 1: Approximately 0.1 million kg CO2e
- Scope 2: Approximately 169.2 million kg CO2e
- Scope 3: Approximately 1.7 million kg CO2e
Climate Commitments and Reduction Targets
Sunway has established a range of climate commitments, including a long-term vision to achieve net zero carbon emissions by 2050. This aligns with the company's participation in initiatives such as the "Business Ambition for 1.5°C" and its broader ESG goals aligned with the UN Sustainable Development Goals by 2030.
Specific reduction targets include:
- A commitment to reduce Scope 1 emissions by 30% from 2020 levels by 2030.
- A commitment to reduce Scope 2 emissions by 30% from 2020 levels by 2030.
- An aim to reduce Scope 1 and Scope 2 emissions to near zero by the middle of this decade.
- A commitment to reduce residual emissions by 45% by 2030.
- An aim to achieve carbon neutrality by 2050.
Sunway's emissions data is cascaded from its parent organisation, Sunway Berhad.
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Sunway’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Sunway
Frequently asked questions
Common questions about Sunway’s sustainability data and climate commitments
Data year: 2024
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