MSM Malaysia Holdings Berhad

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2020, 2019

In its 2023 reporting, MSM Malaysia Holdings Berhad disclosed greenhouse gas emissions of 1.7M tCO2e/year. By scope: Scope 1: 213.7K tCO2e/year; Scope 2: 37.6K tCO2e/year; Scope 3: 1.5M 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
1.7M tCO2e/year
2023
⚡
Renewable Energy
30% (MSM Prai)
of total energy
💧
Water Usage
2.2M m3/year
2023
♻️
Waste
23.9K tons/year
2023
⚙️
Energy Use
115.6K 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).213.7K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.37.6K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.5M 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
20231.7M 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 water consumption by 2% in 2024
  • Reduce water consumption by 6% (300 m3) by 2025
  • Achieve zero landfill target by 2024
  • Reduce LTIs to zero in 2024

📅 Medium-term

  • Achieve carbon neutrality within operations by 2030
  • Install solar panels at MSM Prai and SBW
  • Implement biomass energy project at MSM Johor by 2026
  • Plant 3,150 mangrove saplings by 2025

🔭 Long-term

  • Achieve Net Zero emissions by 2050

🌱 ESG Focus Areas

EnvironmentalSocialGovernanceInnovation and TransformationEconomic Growth

⚠️ Challenges & Risks +

  • Global sugar shortage and decline in sugar production
  • Supply chain disruptions due to extreme weather events
  • Rising energy costs and import costs
  • Regulatory changes impacting operations
  • Shifting consumer preferences towards sustainable products

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Universal Standards 2021, Bursa Malaysia’s Main Market Listing Requirements, Sustainability Reporting Requirements of the Securities Commission Malaysia, Malaysian Code on Corporate Governance, Bursa Malaysia Sustainability Reporting Guide (3rd Edition), TCFD
Assurance: SIRIM QAS International Sdn Bhd