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 21 is lower than 58% 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 2020, Lippo China Resources reported total carbon emissions of approximately 9,891,200 kg CO2e, which included 3,344,400 kg CO2e from Scope 1, 6,517,200 kg CO2e from Scope 2, and 29,600 kg CO2e from Scope 3 emissions. However, emissions data for the years 2021 to 2023 is not disclosed, indicating a lack of specific figures for these years. The company has not set any publicly disclosed reduction targets or climate pledges, nor does it appear to have cascaded any Science-Based Targets Initiative (SBTi) commitments from its parent company, Lippo China Resources Limited. The absence of reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As a current subsidiary, Lippo China Resources's emissions data and performance metrics are inherited from its parent organization, Lippo China Resources Limited. The company has reported GHG intensity figures, with 2022 showing an intensity of about 107 kg CO2e per m² and 2021 at approximately 141 kg CO2e per m², indicating a potential focus on improving operational efficiency. Overall, while Lippo China Resources has made some disclosures regarding its emissions, the lack of recent data and specific climate commitments highlights an area for potential growth in its sustainability efforts.
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| 2020 | |
|---|---|
| Scope 1 | 3,344,400 |
| Scope 2 | 6,517,200 |
| Scope 3 | 29,600 |
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.
