Aspen
Aspen Group Holdings Berhad, commonly referred to as Aspen, is a prominent player in the real estate and property development industry, headquartered in Malaysia. Established in 2010, the company has rapidly expanded its operations across key regions, including Penang and Johor, focusing on residential, commercial, and mixed-use developments. Aspen is renowned for its innovative approach to property development, offering unique projects that blend modern design with sustainable living. The company has achieved significant milestones, including the successful launch of several high-profile developments that have garnered industry recognition. With a commitment to quality and customer satisfaction, Aspen has positioned itself as a leader in the Malaysian property market, continually striving to enhance the urban landscape while meeting the evolving needs of its clientele.
DitchCarbon Score
How does Aspen'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
Aspen's score of 42 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aspen's reported carbon emissions
In 2024, Aspen's total carbon emissions amounted to approximately 1,265,130 kg CO2e, comprising 24,100 kg CO2e from Scope 1, 1,101,010 kg CO2e from Scope 2, and 231,320 kg CO2e from Scope 3 emissions. This reflects a significant reduction in emissions compared to previous years. In 2023, Aspen reported total emissions of about 1,211,100 kg CO2e, with Scope 1 emissions at 21,100 kg CO2e, Scope 2 at 767,000 kg CO2e, and Scope 3 at 233,000 kg CO2e. The 2022 figures were even higher, with total emissions reaching approximately 1,372,400 kg CO2e, including 40,400 kg CO2e from Scope 1, 947,000 kg CO2e from Scope 2, and 321,000 kg CO2e from Scope 3. Aspen has made notable strides in reducing its greenhouse gas emissions, achieving a 48% reduction in Scope 1 emissions and a 21% reduction in Scope 2 emissions from 2022 to 2023. These reductions demonstrate Aspen's commitment to addressing climate change and improving its environmental performance. The emissions data is not cascaded from any parent organization, indicating that Aspen (Group) Holdings Limited independently reports its emissions and climate commitments. The company continues to focus on sustainability and aims to further enhance its climate initiatives in the coming years.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 40,400 | 00,000 | 00,000 |
| Scope 2 | 947,000 | 000,000 | 0,000,000 |
| Scope 3 | 321,000 | 000,000 | 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.
Aspen 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.
