HONG SENG CONSOLIDATED BERHAD

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2022-10-01 to 2024-03-31πŸ—‚οΈ Report periods on file: 2022-10-01 to 2024-03-31, 2020-04 to 2021-09

In its 2022-10-01 to 2024-03-31 reporting, HONG SENG CONSOLIDATED BERHAD disclosed greenhouse gas emissions of 1.3K tCO2e (18-month period). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

πŸ’¨
GHG Emissions
1.3K tCO2e (18-month period)
2022-10-01 to 2024-03-31
βš™οΈ
Energy Use
1.7M KWh (18-month period)
2022-10-01 to 2024-03-31

πŸ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
2022-10-01 to 2024-03-311.3K tCO2e (18-month period)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • Formulate a roadmap in FYE2025 to reduce carbon emissions

πŸ”­ Long-term

  • Support Malaysia’s aspiration to achieve carbon neutrality and be net zero by year 2050

🌱 ESG Focus Areas

EconomicsEnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Escalating cost of raw materials
  • Turbulence of supply and demand
  • Heightened competition
  • Weak performance in the healthcare segment
  • Stiff competition in the gloves segment resulting in lower revenue and rising costs
  • Soft market demand for gloves affecting receivables recoverability
  • Intense competition from existing competitors and new entrants
  • Uncertain global and modest domestic economies
  • Sluggish demand for gloves and low average selling prices
  • Long sales cycles with major customers

πŸ“‹ Report Information

Reporting Period: 2022-10-01 to 2024-03-31
Frameworks: Main Market Listing Requirements (Bursa Malaysia), Sustainability Reporting Guidelines (Bursa Malaysia), UN SDGs