- Fluctuation in raw materials prices.
- Unfavorable economic, social, and political conditions in export markets.
- Foreign currency exchange risks (USD/RM rate fluctuations).
- Dependence on human capital.
- Lower sales volume from North and South America in 2023.
Wegmans Holdings Berhad
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Wegmans Holdings Berhad disclosed greenhouse gas emissions of 3.4K tCO2e/year (Scope 1 and 2 including additional factors). 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
3.4K tCO2e/year (Scope 1 and 2 including additional factors)
2023
Water Usage
27.2K m3/year
2023
Energy Use
6.3K MWh/year
2023
✅ Reported Environmental Achievements
- Reduced water consumption year over year.
- Over 70% of raw materials sourced from renewable sources (rubberwood).
- High rates of waste diversion and recycling achieved.
- Implemented dust collecting system and dry spray booth system in wood processing factories.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase training coverage by 5% in FY2024.
🔭 Long-term
- Support Malaysia to achieve carbon neutrality by 2050.
- Be one of the most respected employers in the Malaysian furniture industry.
🌱 ESG Focus Areas
Employees Health and SafetyLabour Practices and Human RightsProduct Quality, Health and Safety (Consumer)Energy Efficiency and Climate ImpactMaterial and Waste ManagementSupply Chain ManagementData Privacy and ProtectionCommunity EngagementDiversity and InclusionAnti-Corruption