- Lackluster economic recovery from China
- Slowdown in Europe and exports to the US
- High inflationary environment resulting in decreasing consumer confidence
- Downward trend of chemical prices from the second half of FY2022, which continued throughout FY2023
- Elevated operational costs, geopolitical instability, and concerns about potential recessions
Samchem Holdings Berhad
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Samchem Holdings Berhad disclosed greenhouse gas emissions of 9.4K tCO2e/year (Scope 1: 8022; Scope 2: 245; Scope 3: 1179). By scope: Scope 1: 8.0K tCO2e/year; Scope 2: 245 tCO2e/year; Scope 3: 1.2K 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
9.4K tCO2e/year (Scope 1: 8022; Scope 2: 245; Scope 3: 1179)
2023
Water Usage
5.7K m3/year
2023
Waste
0.6 tons/year (scheduled waste)
2023
Energy Use
1.0M Litres of fuel + 444929 kWh electricity
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). | 8.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 245 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Installation of solar panels at Shah Alam headquarters (August 2023)
- Mangrove tree planting program at Kuala Selangor Nature Park (October 14, 2023)
- Transition to LED lighting in facilities
- Reduction in total electricity consumption in Malaysia
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 2 Emissions Intensity by 3% by FY2024
- Reduce electricity intensity by 2% year-on-year based on a FY2022 baseline
- Reduce employee turnover rates to 12% or below by end FY2024
- Achieve average 8 hours of training per employee per annum
- Procure at least 80% of non-trading goods locally per annum
📅 Medium-term
- 30% of Malaysian operations’ electricity consumption to be derived from solar by FY2025
- 100% completion of LED lighting installation by FY2025
- Transition to full inverter air-conditioning at HQ by FY2033
- To have 100% of suppliers comply with Samchem’s ABC Policy by FY2025
- To have 100% of suppliers comply with environmental and social regulations by FY2025
🌱 ESG Focus Areas
GovernanceEnvironmentalSocial