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 31 is higher than 91% 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 2023, Lippo China Resources reported total carbon emissions of approximately 10,000,000 kg CO2e, comprising 3,213,800 kg CO2e from Scope 1, 7,521,200 kg CO2e from Scope 2, and 84,400 kg CO2e from Scope 3. This marks a notable increase in emissions compared to 2022, where total emissions were about 9,000,000 kg CO2e, with Scope 1 at 2,273,100 kg CO2e, Scope 2 at 7,125,700 kg CO2e, and Scope 3 at 80,100 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, it continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact. Overall, Lippo China Resources's emissions data reflects ongoing challenges in reducing carbon footprints, particularly in Scope 2 emissions, which represent the largest portion of their total emissions.
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| 2017 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 16,261,530 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 14,294,580 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 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.
