- 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
HONG SENG CONSOLIDATED BERHAD
Greenhouse gas emissions & sustainability report data
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.
GHG Emissions
1.3K tCO2e (18-month period)
2022-10-01 to 2024-03-31
Energy Use
1.7M KWh (18-month period)
2022-10-01 to 2024-03-31
π Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-10-01 to 2024-03-31 | 1.3K tCO2e (18-month period) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
β Reported Environmental Achievements
- Utilizing high power factor LED lights and inverter-type air conditioning system
- Switching off lights and air-conditioning when there are no occupants
- Periodically upgrading office equipment to more energy efficient models
π― Climate & Sustainability Targets
π Short-term
- Formulate a roadmap in FYE2025 to reduce carbon emissions
π Long-term
- Support Malaysiaβs aspiration to achieve carbon neutrality and be net zero by year 2050
π± ESG Focus Areas
EconomicsEnvironmentalSocialGovernance