- Dependence on government policies
- Competitive industry environment
- Input material price fluctuations
- Overseas expansion and investment uncertainties
Solarvest Holdings Berhad
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, Solarvest Holdings Berhad disclosed greenhouse gas emissions of 277.88 tCO2e/year. By scope: Scope 1: 74.87 tCO2e/year; Scope 2: 203.01 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
277.88 tCO2e/year
2022-04 to 2023-03
Renewable Energy
24.26%
of total energy
📊 Emissions by Scope (2022-04 to 2023-03)
| 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). | 74.87 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 203.01 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Installed a total cumulative solar PV projects capacity of approximately 432MWp
- Generated 1,229 MWh of clean energy from own solar PV plants, displacing an estimated 830 t CO2e
- Replaced a petrol-based company car with a Tesla Model Y EV
- Installed an 11kW AC EV charging station at headquarters powered by renewable energy
🎯 Climate & Sustainability Targets
🔜 Short-term
- Identify and report on Scope 3 emissions by 2024
- Implement Customer Satisfaction Survey (CCS) by FYE 2024
- Implement signing of letter of undertaking with contractors/suppliers by FYE 2024
📅 Medium-term
- Achieve 1GWp solar PV capacity installation
- Install 10,000 EV chargers across Malaysia by 2030
- First TCFD disclosure by 2025
🔭 Long-term
- Net-zero emissions
🌱 ESG Focus Areas
Climate ChangeHuman RightsCommunity RelationsProduct Quality & SafetyCustomer WelfareLabour PracticesEmployee Health & SafetyEmployee Engagement, Diversity & InclusionSupply Chain ManagementBusiness Ethics