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 34 is higher than 60% 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 13.7 million kg CO2e. This figure includes Scope 1 emissions of about 5.6 million kg CO2e, Scope 2 emissions of approximately 8.0 million kg CO2e, and Scope 3 emissions of about 94,100 kg CO2e. The total emissions for 2023 were approximately 12.5 million kg CO2e, with Scope 1 at about 4.8 million kg CO2e, Scope 2 at approximately 7.6 million kg CO2e, and Scope 3 at about 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, Lippo China Resources targets a 30% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline year. It is important to note that the emissions data is cascaded from Lippo China Resources Limited, reflecting its status as a current subsidiary. The company is actively working towards these reduction targets as part of its commitment to sustainability and climate action.
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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.
