- Challenging economic environment with rising operational costs (wages, fuel, transport), labor shortages, unpredictable weather, geopolitical tensions (Ukraine-Russia war, Israel-Hamas conflict), and increased shipping costs.
- Weakening Malaysian ringgit against the US dollar, higher borrowing costs, and increased variance in materials costs.
- Overcapacity and underutilisation issues in the stainless-steel market, declining GDP growth, growing inflation and interest rates, and unfavorable exchange rates.
K. SENG SENG CORPORATION BERHAD
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, K. SENG SENG CORPORATION BERHAD disclosed greenhouse gas emissions of 411.6 tonnes CO2e. By scope: Scope 1: 147.20 tonnes CO2e; Scope 2: 178.44 tonnes CO2e; Scope 3: 86.0 tonnes CO2e. 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
411.6 tonnes CO2e
2023
Water Usage
3.6K m3
2023
Energy Use
4.2K GJ
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). | 147.20 tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 178.44 tonnes CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 86.0 tonnes CO2e |
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 | 411.6 tonnes CO2e |
| 2022 | 369.4 tonnes CO2e/year |
| 2021 | 785.52 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Successfully met KPI by achieving a 2.9% reduction in Scope 1 and Scope 2 emissions.
- Successfully maintained CO2 emission intensity below 2.5 tonnes per million revenues (tCO2e/ RM’Mil).
- Successfully met and exceeded KPI by achieving a reduction of 24.14% in CO2 emissions intensity per million revenues (tCO2e/ RM’Mil).
🌱 ESG Focus Areas
EnvironmentalSocialGovernance