Hap Seng Consolidated Berhad

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, Hap Seng Consolidated Berhad disclosed greenhouse gas emissions of 155.2K t CO2-e. By scope: Scope 1: 135.4K t CO2-e; Scope 2: 19.2K t CO2-e; Scope 3: 26.1K t CO2-e. 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
155.2K t CO2-e
2023
⚡
Renewable Energy
75.9%
of total energy
💧
Water Usage
8.6K Megalitres
2023
♻️
Waste
337.5K MT
2023
⚙️
Energy Use
2.31 billion MJ
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).135.4K t CO2-e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.19.2K t CO2-e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).26.1K t CO2-e

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
2023155.2K t CO2-e
2021184.6K t CO2-e (net)

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

  • Performing ESG due diligence on all new and existing suppliers by 2024
  • All new investment properties developed from 2025 onwards are certified with recognised green building certification

📅 Medium-term

  • Maintaining more than 31% share of renewable energy by 2025 as per Malaysia’s target

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Global supply chain disruptions
  • Increase in GHG emission intensity and absolute GHG emission

📋 Report Information

Reporting Period: 2023
Frameworks: Bursa Malaysia’s Main Market Listing Requirements, Bursa Malaysia’s Sustainability Reporting Guide and Toolkits (3rd Edition), Global Reporting Initiative (GRI) Universal Standards 2021, GRI 13: Agriculture, Aquaculture and Fishing Sectors 2022, FTSE Russell’s ESG requirements, Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard, Roundtable on Sustainable Palm Oil (RSPO) PalmGHG methodology
Assurance: No third-party assurance