As of 2025, S P Setia has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 2 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into S P Setia's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) | -2%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -6%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -45%a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -70%a | 2040 |
Intensity-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -37%a | 2028 |
Intensity-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -20%a | 2030 |
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As of 2025, S P Setia has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2025, S P Setia has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
S P Setia's most ambitious operational target is to reduce these emissions by 70% by 2040, compared to a baseline of 37,106 Metric Tonnes of CO2 equivalent (mtCO2e) in 2024.a
Instead of reducing operational emissions, S P Setia has increased them, with 2025 levels exceeding those of the 2024 baseline, placing the company well behind its reduction target.a
As of 2025, S P Setia has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
S P Setia's most ambitious value chain target is to reduce these emissions by 37% by 2028, compared to a baseline of 1.044 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2024.a