Lippo China Resources
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 62% 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, with Scope 1 emissions at about 5,611,600 kg CO2e, Scope 2 emissions at around 8,015,200 kg CO2e, and Scope 3 emissions at approximately 94,100 kg CO2e. This marks an increase from 2023, when total emissions were about 12,450,000 kg CO2e, with Scope 1 at approximately 4,778,600 kg CO2e, Scope 2 at about 7,583,900 kg CO2e, and Scope 3 at around 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. These initiatives reflect the company's commitment to achieving significant emissions reductions in the near term. It is important to note that the emissions data is cascaded from Lippo China Resources Limited, the parent company, which provides a comprehensive view of the organisation's carbon footprint and climate strategy.
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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 |
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.
Lippo China Resources is not participating in any 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.
