Hong Leong Industries Berhad

Greenhouse gas emissions & sustainability report data

📊 Latest report period: July 1, 2023 to June 30, 2024🗂️ Report periods on file: July 1, 2023 to June 30, 2024, 2022-07 to 2023-06, 2021-07 to 2022-06

In its July 1, 2023 to June 30, 2024 reporting, Hong Leong Industries Berhad disclosed greenhouse gas emissions of 95.7K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 55.8K tCO2e/year; Scope 2: 36.8K tCO2e/year; Scope 3: 3.2K 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
95.7K tCO2e/year (Scope 1 & 2)
July 1, 2023 to June 30, 2024
⚡
Renewable Energy
Less than 1%
of total energy
💧
Water Usage
315.2 Megalitres/year
July 1, 2023 to June 30, 2024
♻️
Waste
22.3K tons/year
July 1, 2023 to June 30, 2024
⚙️
Energy Use
320.3K MWh/year
July 1, 2023 to June 30, 2024

📊 Emissions by Scope (July 1, 2023 to June 30, 2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).55.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.36.8K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).3.2K 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
July 1, 2023 to June 30, 202495.7K tCO2e/year (Scope 1 & 2)
2022-07 to 2023-06119.9K tCO2e/year

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

  • Reduce operational GHG emissions intensities by 30% by FY2026
  • Reduce energy intensities by 30% by FY2026
  • Reduce water usage by 5% (HLYM) and 3% (Guocera) by FY2025

📅 Medium-term

  • Expand GHG emissions tracking to cover additional categories
  • Implement digital management of GHG data
  • Optimise resource and energy use

🔭 Long-term

  • Fully integrate sustainability into the business model
  • Reduce operational GHG emissions intensities by 40% by FY2035
  • Reduce energy intensities by 40% by FY2035

🌱 ESG Focus Areas

Climate ChangeSupply Chain ManagementHuman Rights and Labour PracticesPollution ManagementProduct Quality and Safety

⚠️ Challenges & Risks +

  • Intermittent disruptions in the global supply chain
  • Fluctuations in foreign currency
  • Lower motorcycle demand
  • Rising costs of living
  • Volatile foreign exchange rates
  • Continued influx of lower-cost tile imports from China
  • Increased sales and service tax rates
  • Removal of diesel subsidies

📋 Report Information

Reporting Period: July 1, 2023 to June 30, 2024
Frameworks: Bursa Malaysia Sustainability Reporting Guide (3rd Edition), Malaysian Code on Corporate Governance (MCCG) 2021, FTSE4Good Bursa Malaysia (F4GBM) Index, Task Force on Climate-related Financial Disclosures (TCFD) Recommendations, United Nation’s Sustainable Development Goals (UNSDGs), Global Reporting Initiative (GRI) Standards 2021 Core Option
Assurance: HLMG Group Internal Audit department (Limited Assurance)