- Slowdown in property sales due to inflationary pressures and cautious consumer spending.
- 14% decline in leisure segment revenue due to lower occupancy rates and reduced average room rates.
- Rising construction costs.
- Fluctuation in the value of Malaysian Ringgit against major currencies.
M K Land Holdings Berhad
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, M K Land Holdings Berhad disclosed greenhouse gas emissions of 95 tCO2e (Scope 1); 3,030 tCO2e (Scope 2). By scope: Scope 1: 95 tCO2e; Scope 2: 3.0K 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
95 tCO2e (Scope 1); 3,030 tCO2e (Scope 2)
2024
Water Usage
451.6K m3
2024
Waste
11.6K kg (food waste at Bukit Merah Laketown Resort)
2024
Energy Use
5.5M kWh
2024
📊 Emissions by Scope (2024)
| 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). | 95 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.0K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Initiated the establishment of a baseline to guide emissions reduction efforts.
- Notable reduction in fuel consumption (attributed to exclusion of contractor fuel data from Scope 1 in FY2024).
- Implemented water-saving initiatives at Ombak Villa Langkawi and Bukit Merah Laketown Resort.
- Established baseline data for water consumption across operational buildings.
- Exploring composting method for food waste at Bukit Merah Laketown Resort.
- Eliminating plastic bottle use and reducing resource consumption at Bukit Merah Laketown Resort.
- Planting 4,998 trees, with 1,965 being native species and 283 categorized as near threatened/critically endangered.
🌱 ESG Focus Areas
EconomicEnvironmentalEducation & SocialEthical Workplace