- Supply chain risks related to raw material costs, food production and energy, manpower and labor, distribution, and compliance with sustainability requirements.
- Requests to improve packaging sustainability.
- Rising costs and evolving consumer preferences for sustainable products.
- Increased carbon pricing and more frequent/severe floods.
- Increased operating costs associated with enhanced emission reporting obligations.
- Potential increase in operating costs due to poor waste management.
PSC Corporation Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, PSC Corporation Ltd. disclosed greenhouse gas emissions of 4.3K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 3.1K tCO2e/year; Scope 2: 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
4.3K tCO2e/year (Scope 1 & 2)
2023
Waste
4.1K tons/year
2023
Energy Use
60.1K GJ/year
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). | 3.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.2K 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 | 4.3K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installation of solar panels at Fortune Food Manufacturing Pte Ltd and TIPS Industry (M) Sdn Bhd to reduce reliance on fossil fuels.
- Implementation of new heat exchangers in Fortune Food Manufacturing Pte Ltd, leading to improved water conservation and lower water treatment costs.
- Transition to mono-material polyethylene packaging for Royal Umbrella rice, improving recyclability.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve recruitment and retention rates over the next three years.
- Reduce annual turnover rate.
📅 Medium-term
- Achieve 20 training hours per employee per year by 2030.
- Generate up to 25% of renewable energy of total electricity usage.
🔭 Long-term
- Maintain zero cases of non-compliance for product marketing and labeling.
- Maintain zero cases of non-compliance for health and safety of products.
🌱 ESG Focus Areas
Climate ChangeGovernanceHuman CapitalEnvironmental ProtectionEconomic PerformanceProcurement Practices