Lippo China Resources Sustainability Profile
Lippo China Resources Limited, commonly referred to as LCR, is a prominent player in the diversified investment sector, headquartered in Hong Kong. Established in 1992, the company has made significant strides in various industries, including property development, retail, and logistics, primarily operating across Greater China and Southeast Asia. LCR is renowned for its unique approach to real estate and retail management, offering innovative solutions that cater to evolving market demands. The company’s core services encompass property investment, development, and management, alongside a robust retail portfolio that includes well-known brands. With a strong market position, Lippo China Resources has achieved notable milestones, solidifying its reputation as a leader in the region's investment landscape.
DitchCarbon Score
How does Lippo China Resources'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 Hospitality 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
Lippo China Resources's score of 36 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lippo China Resources's reported carbon emissions
In 2024, Lippo China Resources reported total carbon emissions of approximately 13,720,900 kg CO2e, comprising 5,611,600 kg CO2e from Scope 1, 8,015,200 kg CO2e from Scope 2, and 94,100 kg CO2e from Scope 3. This marks an increase from 2023, where total emissions were about 12,450,000 kg CO2e, with Scope 1 at 4,778,600 kg CO2e, Scope 2 at 7,583,900 kg CO2e, and Scope 3 at 87,500 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, it targets a 30% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline year. These initiatives reflect a proactive approach to climate action, aligning with industry standards for sustainability. It is important to note that the emissions data is cascaded from Lippo China Resources Limited, indicating a corporate family relationship that influences its reporting and climate strategies.
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| 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 4,611,800 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 12,568,500 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 486,200 | 00,000 | 00,000 | 00,000 | 00,000 |
How Carbon Intensive is Lippo China Resources's Industry?
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Lippo China Resources'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.
Lippo China Resources 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.
