Sunway REIT
Sunway REIT, officially known as Sunway Real Estate Investment Trust, is a prominent player in the Malaysian real estate sector, headquartered in Malaysia (MY). Established in 2010, the trust has rapidly expanded its portfolio, focusing on key operational regions such as Kuala Lumpur and Selangor. Specialising in retail, hospitality, and office properties, Sunway REIT distinguishes itself through its strategic asset management and commitment to sustainability. The trust's diverse offerings include shopping malls, hotels, and commercial spaces, which cater to a wide range of tenants and consumers. With a strong market position, Sunway REIT has achieved notable milestones, including recognition for its robust financial performance and innovative property developments. Its dedication to enhancing shareholder value and community engagement further solidifies its reputation as a leader in the Malaysian REIT landscape.
DitchCarbon Score
How does Sunway REIT'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 REIT's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sunway REIT's reported carbon emissions
In 2023, Sunway REIT reported total carbon emissions of approximately 774,091,400 kg CO2e. This figure includes 13,900 kg CO2e from Scope 1 emissions, 51,263,500 kg CO2e from Scope 2 emissions, and a significant 722,814,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, having set long-term net-zero targets through the Science Based Targets initiative (SBTi), aiming for net-zero emissions across all scopes by 2050. Over the past few years, Sunway REIT has made notable progress in emissions reduction. For instance, total emissions decreased from approximately 799,003,600 kg CO2e in 2019 to 774,091,400 kg CO2e in 2023. This reflects a strategic focus on sustainability within the real estate sector, aligning with global climate goals. The company has also committed to various initiatives to enhance energy efficiency and reduce emissions from its operations, including a focus on sustainable building practices. As part of its climate strategy, Sunway REIT is actively working to improve its emissions intensity, which was reported at approximately 1,910 kg CO2e/m² in 2023. Overall, Sunway REIT's climate commitments and ongoing efforts to achieve net-zero emissions underscore its dedication to sustainability and environmental responsibility in Malaysia and beyond.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 16,100 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 41,854,500 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 757,132,900 | 000,000,000 | 000,000,000 | 000,000,000 | 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 REIT 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.
