Innoprise Plantations Berhad

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Innoprise Plantations Berhad disclosed greenhouse gas emissions of 0.22 tCO2e/year (Scope 1); 0.17 tCO2e/year (Employee Commuting, Scope 3); 2.4 tCO2e/year (Business Travel, Scope 3). By scope: Scope 1: 0.22 tCO2e/year; Scope 3: 2.57 tCO2e/year. 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
0.22 tCO2e/year (Scope 1); 0.17 tCO2e/year (Employee Commuting, Scope 3); 2.4 tCO2e/year (Business Travel, Scope 3)
2023
⚡
Renewable Energy
98.16%
of total energy
💧
Water Usage
2.4K ML/year
2023
♻️
Waste
439.49 tons/year
2023
⚙️
Energy Use
10.1K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).0.22 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.57 tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20230.22 tCO2e/year (Scope 1); 0.17 tCO2e/year (Employee Commuting, Scope 3); 2.4 tCO2e/year (Business Travel, Scope 3)

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • 100% of harvesters and staff in harvesting receive training on fruit ripeness by the end of FY2024
  • Less than 3% unripe FFBs from total weight annually
  • Achieve a yearly average oil extraction rate (“OER”) of 20% by the end of FY2023 and 21% by the end of FY2024
  • Less than 5% free fatty acids (“FFAs”) in CPO throughout FY2024
  • Implement a tracking system to ensure all FFBs are received by the mill within 48 hours of harvesting

📅 Medium-term

  • 70% of energy supply from biogas generator by FY2025
  • Achieve a 2% reduction in energy consumption per tonne of FFB consumed in the mill by the end of FY2025

🔭 Long-term

  • Plant 1 million trees within the plantation by FY2027

🌱 ESG Focus Areas

Product QualityOccupational Health and SafetyData Privacy and SecurityHuman RightsCorporate Governance and Anti-CorruptionLabour AvailabilityDiversity and Equal OpportunityWaste and EffluentsWater ConsumptionProduct Traceability

⚠️ Challenges & Risks +

  • Significant decline in the average selling price of CPO and PK
  • Higher labour costs
  • Rising maintenance costs of infrastructures, fertilisers and other items
  • Rapidly changing climate and weather patterns (El Niño and La Niña)
  • Deterioration of estate roads due to unusually high rainfall
  • Labour shortage, especially in harvesting
  • Negative perceptions toward palm oil
  • Ongoing shortage of labour, increasingly unpredictable weather conditions, rising cost of operations

📋 Report Information

Reporting Period: 2023
Frameworks: Bursa Malaysia’s Sustainability Reporting Guide Third Edition, GRI Standards: Core Option, FTSE4 Good Bursa Malaysia Index, United Nations Sustainable Development Goals (“UN SDGs”)
Assurance: Ernst & Young PLT