- Lower number of gaming draws in FY2023 compared to FY2022.
- Higher payout ratio in FY2023.
- Pre-existing property market downturn, office space market glut, incoming supply of new office space, and hybrid work trends affecting Menara Olympia occupancy.
- Subdued selling prices in the property market and rising development costs.
- Amendments to the Employment Act, increased service taxes, mandatory AMLA compliance, and e-invoicing implementation.
- Challenges in the gaming sector due to regulatory changes and technological advancements.
- Challenges posed by using thermal paper for lottery tickets.
Olympia Industries Berhad [198001009242 (63026-U)]
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Olympia Industries Berhad [198001009242 (63026-U)] disclosed greenhouse gas emissions of 166 tCO2e (Scope 3: Employee commuting). By scope: Scope 1: 5 tCO2e; Scope 2: 3.2K tCO2e; Scope 3: 166 tCO2e. 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
166 tCO2e (Scope 3: Employee commuting)
2023
Water Usage
50.091 Megalitres
2023
Waste
447 Metric tonnes
2023
Energy Use
4.3K MWh
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). | 5 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.2K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 166 tCO2e |
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 | 166 tCO2e (Scope 3: Employee commuting) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced thermal paper usage by 22% despite a 1% increase in sales.
- Transitioned to using LED lighting in Menara Olympia.
🌱 ESG Focus Areas
Environmental ResponsibilitySocial ImpactGovernance