- Inflationary pressures, slowing economic growth, increasing consumer sensitivity to product prices, shifts in household spending, high-cost environment, higher-cost raw materials, utilities costs, tight labor market, minimum wage increases, supply chain disruptions, disrupted supply chain, cost increases in labor, raw materials, and utilities, tight labor market, legislated minimum wage increases, high interest rates, inflationary pressures, weakening of the Malaysian Ringgit, unpredictable weather conditions globally, escalating operational and food costs.
QAF Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, QAF Limited disclosed greenhouse gas emissions of 95.3K tCO2e/year (Scope 1 and 2). By scope: Scope 1: 40.7K tCO2e/year; Scope 2: 37.8K 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
95.3K tCO2e/year (Scope 1 and 2)
2023
Energy Use
881.26 TJ/year (Production and operations), 654.07 TJ/year (Transport-related activities)
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). | 40.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 37.8K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 95.3K tCO2e/year (Scope 1 and 2) |
| 2022 | 24.6K tCO2e/year (Scope 2) |
| 2012 | 30.0K tonnes of CO2-equivalent annually (Rivalea) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installation of 1,217 sqm of new solar panels at Gardenia Philippines; 4,800 sqm of solar panels operational across the Group by year-end; QAF Fruits installed 2,800 sqm of solar panels (operational in January 2024); Gardenia Singapore initiated a pilot project for standalone solar lighting; Heat recovery systems in use in Malaysia; Installation of LED lights and sensor-activated lighting; Use of energy-efficient technology; Gardenia Philippines improved Butter Toast packaging to prolong shelf life and reduce food waste; Gardenia Singapore reduced plastic packaging thickness (3,762 kg in 2022, 272 kg in 2023); BMA donated approximately 121 tonnes of edible bread waste to local farmers; Gardenia Philippines diverted more than 15,000 tonnes of bread waste to fish meal; Ben Foods Singapore recycled approximately 87 tonnes of corrugated cardboard, 7 tonnes of plastic, and 1 tonne of paper; BMA recycled approximately 69 tonnes of cardboard; Gardenia Philippines established waste segregation processes; Gardenia Philippines recycled product packaging into 300 school chairs.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain zero confirmed incidents of corruption; Conduct annual cybersecurity awareness training and assessment for all QAF subsidiaries; Conduct an annual simulated email phishing exercise for all QAF subsidiaries; Maintain the FY2023 percentage of total production volume manufactured in sites certified by an independent third-party; Zero incidents of non-compliance with applicable laws and regulations relating to food safety; Gardenia Singapore aims to sustain its leadership position in the wholemeal bread segment; Gardenia Philippines aims to continue producing more innovative and healthier product offerings; Maintain no incidents of material non-compliance with water quality discharge regulations; Complete additional installations of solar energy at QAF Group facilities; Gardenia Singapore will conduct an annual departmental training plan; BMA will invest in employee education and development; Gardenia Philippines will continue with semi-annual competency assessment of employees; GBKL, BMM and Millif will continue in-house training; BMA will continue in-house training; Gardenia Singapore will continue to organise in-house training; Gardenia Philippines will conduct BOSH training for all newly hired employees; GBKL, BMM and Millif will conduct in-house training.
🌱 ESG Focus Areas
Economic PerformanceGovernance and EthicsData Protection and CybersecurityConsumer Health and SafetyResource ManagementOur PeoplePeace and Partnerships