CGS International (covering legal entities CGS International Securities Pte. Ltd. and CGS International Securities Group Malaysia Sdn. Bhd)

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, CGS International (covering legal entities CGS International Securities Pte. Ltd. and CGS International Securities Group Malaysia Sdn. Bhd) disclosed greenhouse gas emissions of 1.8K tonnes of CO2e. By scope: Scope 1: 149.2 tonnes of CO2e; Scope 2: 1.6K tonnes of CO2e; Scope 3: 8.18 tonnes of CO2e (Korea). 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
1.8K tonnes of CO2e
2023
⚙️
Energy Use
314.5K kWh (Indonesia only)
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).149.2 tonnes of CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.6K tonnes of CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).8.18 tonnes of CO2e (Korea)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Develop a plan that identifies the possible measures to reduce GHG emissions
  • Evaluate the possibility of measuring water consumption

📅 Medium-term

  • Target setting for GHG emissions
  • Expand GHG emissions measurement to include other Scope 3 categories

🔭 Long-term

  • Align reporting to ISSB S1 & S2, including sector-specific reporting of financially material metrics and TCFD climate reporting
  • Progressive incorporation of ESG into products and services

🌱 ESG Focus Areas

Climate Change, DecarbonisationBiodiversity, Nature-Based InvestmentsResearch for Low-Carbon, Socio-Economic GrowthSustainable FinanceInclusive GrowthSustainability DisclosuresCybersecurity, DigitisationSocial Responsibility

⚠️ Challenges & Risks +

  • Challenges in achieving data completion for Indonesia's Scope 1 emissions in 2023.
  • Lack of available and/or meaningful data on water consumption at the time of reporting.
  • Significant disclosure challenges in quantifying financed and facilitated GHG emissions for Scope 3.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB (Investment Banking & Brokerage sector), SGX Core ESG Metrics
Assurance: DNV Business Assurance Singapore Pte Ltd