- Competition from well-established players.
- Low industry volumes.
- Weak economic sentiment.
- Rising cost of raw materials.
- Supply chain disruptions.
- Attracting and retaining skilled workforce.
- Rising labor cost due to amendments to the Employment Act 1955 and minimum wage implementation.
- Securing a technical tie-up with a tier 1 or Japanese braking system manufacturer.
- Lack of reference or experience in the non-automotive sector.
- Competition from other distributors and manufacturers selling directly to end-users.
SMIS CORPORATION BERHAD
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, SMIS CORPORATION BERHAD disclosed greenhouse gas emissions of 6.9K tCO2e/year. By scope: Scope 1: 193 tCO2e/year; Scope 2: 6.7K 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
6.9K tCO2e/year
2023
Water Usage
25.9K m3/year
2023
Waste
1.5K tons/year
2023
Energy Use
9.7K MWh/year (Electricity)
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). | 193 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 6.7K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Replacing fluorescent tubes with LEDs, leading to 45% savings in lighting cost.
- Installation of transparent roofing.
- Total waste generated reduced to 1,454.58 tonnes.
- Total waste diverted from disposal increased to 88.25 tonnes.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Zero fatalities and zero lost time incidents in the next year.
🔭 Long-term
- Conduct an assessment on the extent of impact climate change will have on the business, and vice versa. Incorporate climate change strategies into the Group’s business strategies and set relevant targets toward reducing our carbon footprint.
🌱 ESG Focus Areas
Ethical Business PracticesProduct Quality & SafetyResponsible SourcingOccupational Health and SafetyHuman ResourcesGender Parity, Diversity and InclusionProtecting the EnvironmentEmpowering CommunitiesClimate Change