- Lower after-tax profits in 2023 compared to 2022 due to lower palm product prices;
- Severe shortage of harvesters and backlog in plantation upkeep and maintenance during pandemic years;
- Rising costs of production, tariff and non-tariff trade restrictions, and volatile palm product prices.
Sarawak Oil Palms Berhad
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Sarawak Oil Palms Berhad disclosed greenhouse gas emissions of 131.0K + 59290 + 34920 + 69221 tCO2e/year (Scope 1 2 breakdown provided). By scope: Scope 1: 131.0K tCO2e/year; Scope 2: 0 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
131.0K + 59290 + 34920 + 69221 tCO2e/year (Scope 1 2 breakdown provided)
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). | 131.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Launched Oil Palms Sustainability Policy (OPSP) in 2019, committing to No Deforestation, No Peat, and No Exploitation (NDPE);
- Commissioned methane capture facilities at two mills, with three more under construction;
- Installed electrostatic precipitators (ESPs) at five mills, with the remaining two to be installed in 2024;
- Increased waste recycling compared to previous years;
- No open burning detected in estates.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce GHG emissions by 35% across all palm oil mills once methane capture installations are completed.
🔭 Long-term
- Replant existing oil palm plantations with best practices to maintain FFB production yield and secure future cash flows.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance