- Supply chain disruptions
- High employee turnover
- High energy consumption
- High Scope 3 emissions
- Balancing sustainable metal sourcing with business imperatives
- Lack of water risk management plan
- Potential risks related to regulatory compliance
- Poor market penetration and competitiveness for European markets due to the Carbon Border Adjustment Mechanism (CBAM)
- Reduction of recycling initiatives
- Lack of support from management
Alcom Group Berhad
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Alcom Group Berhad disclosed greenhouse gas emissions of 25.1K tCO2e/year (2023). By scope: Scope 1: 21.1K tCO2e/year (2023); Scope 2: 24.8K tCO2e/year (2023); Scope 3: 513.0K tCO2e/year (2023). 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
25.1K tCO2e/year (2023)
2023
Water Usage
134.6 ML/year (2023)
2023
Waste
3.4K tons/year (2023)
2023
Energy Use
472.0K GJ/year (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 21.1K tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 24.8K tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 513.0K tCO2e/year (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Increased scrap metal usage in manufacturing (aiming for 80% usage)
- Implemented small-scale solar panels for street lighting and high bay LED lighting systems to enhance energy efficiency.
- Participated in a solar project in Kuala Kangsar with a capacity of 29.868 megawatts.
- Consistently integrated a minimum of 50% recycled content into its products since 2017.
- Recycling rates for hazardous waste consistently above 82% and non-hazardous waste at 88%.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase local vendor spending to 50% (by 2024)
- Achieve 30% vendor adherence to Code of Conduct (by 2024)
- Include relevant social and environmental clauses in at least 75% of all new contracts (by 2024)
- Conduct thorough annual assessments for at least 75% of vendors (by 2024)
- Implement an ESG risk analysis process for at least 60% of vendors (by 2024)
📅 Medium-term
- Increase local vendor spending to 75% (by 2026)
- Increase to 50% vendor adherence to Code of Conduct (by 2026)
- Increase this inclusion to 90% of new contracts (by 2026)
- Increase the scope of these assessments to cover 90% of our vendors (by 2026)
- Expand the analysis to cover 80% of our vendors (by 2026)
🔭 Long-term
- Achieve 100% spending on local vendors (by 2030)
- Attain 100% vendor adherence to Code of Conduct (by 2030)
- Establish the mechanism as a best-practice model for industry-wide adoption (by 2030)
- We aspire to achieve the inclusion of these clauses in 100% of all new contracts (by 2030)
- We aspire to achieve comprehensive annual assessments for 100% of our vendors (by 2030)
🌱 ESG Focus Areas
EnvironmentalSocialGovernance