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LendLease Group

Country
Australia
Sector
Real Estate
Industry
Real Estate - Diversified
Employees
N/A
Ticker
LLC
Exchange
Australian Securities Exchange
Description
Lendlease Group is a diversified real estate and infrastructure company specializing in the integrated delivery of property development, construction, and investment management services. Its operation...

LendLease Group's GHG Emissions Data Preview

In 2024, LendLease Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

LendLease Group has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
31,753a
26,217a
22,646a
Total Scope 2
Market-Based
63,831a
53,975a
76,691a
Location-Based
147,494a
115,504a
N/A
Total Scope 3
1,892,610a
1,758,441a
1,443,799a
Total Scope 1 Revenue Intensity (tCO2e/$M)
5.1644a
3.846a
3.7197a
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Verified Sources Behind LendLease Group’s Greenhouse Gas (GHG) Emissions Data

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a. LendLease Group's ESG Data Spreadsheet 2024

Insights into LendLease Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of LendLease Group amounted to 179,247 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of LendLease Group increased by 26.48%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

LendLease Group's Scope 1 Emissions Over Time

20202021202220232024030 k60 k90 k120 ktCO2e-63%-42%+16%+21%
  • Total Scope 1
  • Year-over-Year Change

What are LendLease Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of LendLease Group were 31,753 metric tons of CO₂ equivalent (tCO₂e).a

Has LendLease Group reduced its Scope 1 emissions over time?

Since 2020, LendLease Group's Scope 1 emissions have decreased by 70.25%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), LendLease Group's Scope 1 emissions increased by 21.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are LendLease Group's Scope 2 emissions?

In 2024, LendLease Group reported Scope 2 greenhouse gas (GHG) emissions of 63,831 tCO₂e using the market-based method and 147,494 tCO₂e using the location-based method.a

Has LendLease Group reduced its Scope 2 emissions over time?

Compared to the previous year (2023), LendLease Group's Scope 2 emissions (Location-Based) rose by 27.7% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does LendLease Group use for Scope 2 reporting?

In 2024, LendLease Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

LendLease Group's Scope 2 Emissions Over Time

20202021202220232024070 k140 k210 k280 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into LendLease Group's Value Chain Emissions

In 2024, LendLease Group reported 1,892,610 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of LendLease Group includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

LendLease Group's Scope 3 Emissions Over Time

20212022202320240550 k1.1 M1.65 M2.2 MtCO2e-30%+22%+8%
  • Total Scope 3
  • Year-over-Year Change

What are LendLease Group's Scope 3 emissions?

In 2024, LendLease Group reported total Scope 3 emissions of 1,892,610 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 69.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 30.63% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), LendLease Group's Scope 3 emissions remained relatively stable, indicating that LendLease Group's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does LendLease Group disclose?

In 2024, LendLease Group reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of LendLease Group's Scope 3 emissions?

In 2024, the largest contributors to LendLease Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 994,217 tCO₂e (52.53%)
  • Downstream Leased Assets (Cat. 13): 548,228 tCO₂e (28.97%)
  • Capital Goods (Cat. 2): 186,460 tCO₂e (9.85%)

LendLease Group's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(9.9%)Purchased Goods andServices (Cat. 1)(52.5%)Downstream LeasedAssets (Cat. 13)(29.0%)

Insights into LendLease Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, LendLease Group reported Scope 1 greenhouse gas (GHG) emissions of 31,753 tCO₂e and total revenues of USD 6,148 millions. This translates into an emissions intensity of 5.16 tCO₂e per millions USD.a

LendLease Group's Scope 1 Emissions Intensity Compared to Peers

205005,00050,000500,000Scope 1 Emissions (tCO2e)201001,0005,00050,000Revenues (Millions of USD)Hainan Airport InfrastructureYear: 2023Scope 1: 7,084 tCO2eRevenue: $M 951Scope 1 Intensity: 7.45 tCO2e/$MDaito Trust ConstructionYear: 2024Scope 1: 35,920 tCO2eRevenue: $M 11,433Scope 1 Intensity: 3.14 tCO2e/$MPrestige Estates ProjectsYear: 2025Scope 1: 6,942 tCO2eRevenue: $M 843Scope 1 Intensity: 8.23 tCO2e/$MTokyu Fudosan HoldingsYear: 2024Scope 1: 37,100 tCO2eRevenue: $M 7,284Scope 1 Intensity: 5.09 tCO2e/$MPhoenix MillsYear: 2025Scope 1: 173 tCO2eRevenue: $M 446Scope 1 Intensity: 0.39 tCO2e/$MOpen House GroupYear: 2024Scope 1: 3,842 tCO2eRevenue: $M 9,076Scope 1 Intensity: 0.42 tCO2e/$MCentral PattanaYear: 2024Scope 1: 3,715 tCO2eRevenue: $M 1,462Scope 1 Intensity: 2.54 tCO2e/$MFastighets AB BalderYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 1,168Scope 1 Intensity: 1.05 tCO2e/$MSwiss Prime SiteYear: 2024Scope 1: 8,220 tCO2eRevenue: $M 729Scope 1 Intensity: 11.28 tCO2e/$MMitsubishi EstateYear: 2024Scope 1: 99,135 tCO2eRevenue: $M 9,936Scope 1 Intensity: 9.98 tCO2e/$MMitsui FudosanYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 15,737Scope 1 Intensity: 13.28 tCO2e/$MPakuwon JatiYear: 2023Scope 1: 20,598 tCO2eRevenue: $M 399Scope 1 Intensity: 51.68 tCO2e/$MCityconYear: 2025Scope 1: 1,193 tCO2eRevenue: $M 357Scope 1 Intensity: 3.34 tCO2e/$MCorem Property GroupYear: 2024Scope 1: 171 tCO2eRevenue: $M 335Scope 1 Intensity: 0.51 tCO2e/$MDios FastigheterYear: 2024Scope 1: 485 tCO2eRevenue: $M 229Scope 1 Intensity: 2.12 tCO2e/$MFastPartnerYear: 2024Scope 1: 73 tCO2eRevenue: $M 208Scope 1 Intensity: 0.35 tCO2e/$MPlazzaYear: 2024Scope 1: 300 tCO2eRevenue: $M 37Scope 1 Intensity: 8.13 tCO2e/$MZug Estates HoldingYear: 2024Scope 1: 241 tCO2eRevenue: $M 98Scope 1 Intensity: 2.47 tCO2e/$MHIAG Immobilien HoldingYear: 2024Scope 1: 1,772 tCO2eRevenue: $M 147Scope 1 Intensity: 12.04 tCO2e/$MNexityYear: 2024Scope 1: 6,736 tCO2eRevenue: $M 3,468Scope 1 Intensity: 1.94 tCO2e/$MNew World DevelopmentYear: 2024Scope 1: 9,701 tCO2eRevenue: $M 4,583Scope 1 Intensity: 2.12 tCO2e/$MFrasers PropertyYear: 2024Scope 1: 16,000 tCO2eRevenue: $M 3,280Scope 1 Intensity: 4.88 tCO2e/$MHenderson Land DevelopmentYear: 2024Scope 1: 13,137 tCO2eRevenue: $M 3,252Scope 1 Intensity: 4.04 tCO2e/$MLendleaseYear: 2024Scope 1: 31,000 tCO2eRevenue: $M 6,249Scope 1 Intensity: 4.96 tCO2e/$MLendLease GroupYear: 2024Scope 1: 31,753 tCO2eRevenue: $M 6,148Scope 1 Intensity: 5.16 tCO2e/$M

How does LendLease Group's GHG emissions intensity compare to its peers?

In 2024, LendLease Group reported a Scope 1 emissions intensity of 5.16 tCO₂e per millions USD. Compared to the peer group median of 3.69, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does LendLease Group rank on GHG emissions intensity within its industry?

In 2024, LendLease Group ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

LendLease Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into LendLease Group's Total Carbon Footprint

In 2024, LendLease Group reported a total carbon footprint of 2,071,857 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.04% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to LendLease Group's total carbon footprint was Scope 3 emissions, accounting for 91.35% of the company's total carbon footprint, followed by Scope 2 emissions at 7.12%.a

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