TAFI Industries Berhad

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, TAFI Industries Berhad disclosed greenhouse gas emissions of 98.8 tCO2e/year (Scope 1); 819.9 tCO2e/year (Scope 2); Null (Scope 3). By scope: Scope 1: 98.8 tCO2e/year; Scope 2: 819.9 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
98.8 tCO2e/year (Scope 1); 819.9 tCO2e/year (Scope 2); Null (Scope 3)
2023
⚡
Renewable Energy
43%
of total energy
💧
Water Usage
18.2K m3/year
2023
♻️
Waste
1.7K tons/year
2023
⚙️
Energy Use
2.2M kWh/year
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).98.8 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.819.9 tCO2e/year

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

  • Reduce water consumption by 5% by 2025
  • Reduce diesel consumption by 5% by FY2024
  • Achieve a 5% reduction in greenhouse gas emissions.

📅 Medium-term

  • Increase renewable energy usage to 50%
  • Increase waste diversion to 15%

🔭 Long-term

  • Achieve carbon neutrality by 2050

🌱 ESG Focus Areas

Economic PerformanceAnti-Bribery & Anti-CorruptionMarket PresenceSupply Chain ManagementData Privacy & SecurityProduct Safety & QualityWater ManagementEnergy ManagementWaste ManagementClimate Change and EmissionsBiodiversityMaterialsTalent Management & DevelopmentOccupational Health & SafetyLabour Practices & Human RightsDiversity & Equal OpportunityLocal Community Engagement

⚠️ Challenges & Risks +

  • Challenges in securing projects
  • Liquidity risk
  • Market positioning challenge
  • Product recalls and liability
  • Disruption in the supply chain leading to delays
  • Water scarcity affecting operations
  • Dependency on fossil fuels leading to carbon footprint
  • Improper waste disposal affecting environment
  • Regulatory changes impacting emissions
  • Habitat destruction due to operations

📋 Report Information

Reporting Period: 2023
Frameworks: Bursa SRG Disclosure Guidance 1, Practice Note 9 of the Main Market Listing Requirements, Sustainability Reporting Guide, 3rd Edition, Malaysia Code of Corporate Governance, Global Reporting Initiative (GRI), 2021