KLCC PROPERTY HOLDINGS BERHAD
KLCC Property Holdings Berhad, a prominent player in the Malaysian real estate sector, is headquartered in Kuala Lumpur, Malaysia. Established in 1999, the company has made significant strides in property development, management, and investment, focusing primarily on commercial, retail, and hospitality sectors. KLCC Property is renowned for its flagship asset, the iconic Petronas Twin Towers, which not only defines the Kuala Lumpur skyline but also serves as a symbol of the company's commitment to excellence. With a diverse portfolio that includes office spaces, shopping malls, and luxury hotels, KLCC Property Holdings stands out for its strategic location and innovative design. As a leader in the Malaysian property market, the company has achieved numerous accolades, reflecting its dedication to sustainability and quality. KLCC Property continues to shape the urban landscape, contributing to Malaysia's economic growth and development.
DitchCarbon Score
How does KLCC PROPERTY HOLDINGS BERHAD'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 Real Estate Services 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
KLCC PROPERTY HOLDINGS BERHAD's score of 30 is higher 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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KLCC PROPERTY HOLDINGS BERHAD's reported carbon emissions
In 2023, KLCC Property Holdings Berhad reported total carbon emissions of approximately 70,374,840 kg CO2e, with emissions distributed across all three scopes: 51,070 kg CO2e (Scope 1), 29,935,820 kg CO2e (Scope 2), and 70,374,840 kg CO2e (Scope 3). The Scope 3 emissions included significant contributions from business travel, amounting to about 16,779,400 kg CO2e. Comparatively, in 2022, the company recorded total emissions of approximately 67,964,060 kg CO2e, with Scope 1 emissions at 23,490 kg CO2e and Scope 2 emissions at 29,063,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. KLCC Property Holdings Berhad has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. The emissions data is not cascaded from any parent organization, indicating that KLCC Property Holdings Berhad independently reports its carbon footprint. The company continues to disclose its emissions transparently, contributing to its sustainability reporting efforts.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,662,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 103,214,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
KLCC PROPERTY HOLDINGS BERHAD is participating in some 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.
