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Lippo China Resources Limited, commonly referred to as LCR, is a prominent player in the hotel and restaurant services industry, headquartered in Hong Kong. Established in 1991, the company has made significant strides in providing exceptional hospitality experiences across its major operational regions, including Hong Kong and mainland China.
LCR focuses on a diverse range of services, including hotel management, restaurant operations, and catering solutions. Its unique approach combines local culinary traditions with international standards, setting it apart in a competitive market. With a commitment to quality and customer satisfaction, Lippo China Resources has earned a strong market position, recognised for its innovative dining concepts and luxurious accommodations. The company continues to thrive, adapting to evolving consumer preferences while maintaining its reputation for excellence in hospitality.
0 vs industry average
Lippo China Resources’s score of 26 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hospitality has typical carbon intensity
The Hospitality industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
Lippo China Resources, a company in the Hotel and restaurant services industry headquartered in HK, reported its environmental performance for the years 2019 through 2025.
For the reporting year 2025, the company's total emissions were approximately 78.18 million kg CO2e. This comprised Scope 1 emissions of about 6.48 million kg CO2e, Scope 2 emissions of approximately 8.22 million kg CO2e, and Scope 3 emissions of around 63.48 million kg CO2e. The breakdown of Scope 3 emissions includes purchased goods and services at approximately 34.15 million kg CO2e, and investments at about 24.97 million kg CO2e.
In 2024, Lippo China Resources reported total Scope 1 and 2 emissions of approximately 13.45 million kg CO2e, with Scope 1 at about 5.51 million kg CO2e and Scope 2 at approximately 7.95 million kg CO2e. Scope 3 data was not disclosed for this year.
For 2023, the company's total emissions were approximately 12.54 million kg CO2e, with Scope 1 at about 4.78 million kg CO2e, Scope 2 at approximately 7.58 million kg CO2e, and Scope 3 at roughly 87,500 kg CO2e.
Lippo China Resources has established several climate commitments. It aims to reduce its Scope 1 emissions to near zero by the middle of this decade (target year 2025). Additionally, the company has set a near-term target to achieve a 30% reduction in Scope 1 emissions by 2030, using a 2020 baseline. Similarly, it aims to reduce its Scope 2 emissions to near zero by the middle of this decade (target year 2025) and achieve a 30% reduction in Scope 2 emissions by 2030 from a 2020 baseline.
The company's emissions data is cascaded from Lippo China Resources Limited, where it is identified as a current subsidiary.
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2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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