Overall impact
C (41)

Commentary

Genting is an average overall performer. With a 'C' rating of 41.3 for overall impact (25th percentile compared to all companies), Genting ranks 21st out of 29 industry peers, behind Intercontinental Hotels, Huazhu, GreenTree Hospitality and 17 others, and ahead of Travel + Leisure Co., Extended Stay America, Hyatt and 5 others. On top material causes for Genting's industry (Hospitality), Genting performs poorly in Sustainable Use of Water (31.3 score), Reduced Green House Gas Emissions (27.1), Equal Pay and Opportunity (31.5) and 7 other causes where it received a 'D' or 'F' score. Genting did not receive an 'A' rating on any cause.
Impact
Cause GEBHY
Peer rank
Overall impact

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Impact trend

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Company
Employees
55,000
Sector
Consumer Discretionary
Industry
Hotels, Restaurants & Leisure
Sub-industry
Hotels, Resorts & Cruise Lines
SASB industry
Hotels & Lodging
Headquarters
Malaysia
Share classes
GEBHY
Description
Genting Berhad, an investment holding company, engages in leisure and hospitality, gaming and entertainment, life sciences and biotechnology, and investment businesses in Malaysia and internationally. Its Leisure & Hospitality segment is involved in gaming, hotels, food and beverages, theme parks, retail, entertainment and attractions, tours and travel-related businesses; and the development and operation of resorts, as well as provides other support services. The company's Plantation segment operates oil palm plantations, and palm oil milling and related activities. Its Power segment generates and supplies electric power. The company's Property segment develops, manages, and invests in properties. Its Oil & Gas segment explores for, develops, and produces oil and gas. The company also offers agricultural products, seeds, and fertilizers; offshore financing, advisory, technical, administrative, risk and insurance management consultancy, sewerage, collection and disposal of garbage, loyalty program, water, international sales and marketing, IT and consultancy, cable car, project management, other management, and plant screening services; and issues private debt securities and licenses intellectual property rights. It offers biodiesel; operates dementia care centers; processes fresh fruit bunches; develops diagnostic tests; and researches and develops for genomics, and natural sciences and engineering. The company develops a platform for early diagnosis and treatment of Alzheimer's and other neurodegenerative diseases; operates a video lottery facility and fish farms; acts as a collection agent, operator, and owner of airplanes; operates and maintains roads and slopes; and develops property and golf resort. It also engages in art and entertainment, stem cell facility, Karaoke, condotel, and software development businesses. The company was founded in 1965 and is headquartered in Kuala Lumpur, Malaysia.
Material causes
Ethos considers the following causes material for Genting, based on its industry sub-industry Hotels, Resorts & Cruise Lines. Learn more about material causes in our methodology overview.

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