Sime Darby Berhad

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-07 to 2024-06🗂️ Report periods on file: 2023-07 to 2024-06, 2022-07 to 2023-06, 2022, 2019

In its 2023-07 to 2024-06 reporting, Sime Darby Berhad disclosed greenhouse gas emissions of 168.0K tCO2e. By scope: Scope 1: 47.0K tCO2e; Scope 2: 121.0K 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
168.0K tCO2e
2023-07 to 2024-06
💧
Water Usage
1.4K megalitres
2023-07 to 2024-06
⚙️
Energy Use
1.6M MWh
2023-07 to 2024-06

📊 Emissions by Scope (2023-07 to 2024-06)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).47.0K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.121.0K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-07 to 2024-06168.0K tCO2e
2022-07 to 2023-06105.0K tCO2e/year
2022110.3K tCO2e/year (Scope 1 & 2)
2019128.0K tonnes (2018 baseline)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • 30% reduction of emissions by 2030 (Scope 1 and 2 only) from 2020 levels
  • Minimum RM250 million investments in ESG innovation by 2025
  • >50% products in our portfolio by 2025 are more energy efficient than the 2020 product portfolio

🔭 Long-term

  • Achieve Net Zero GHG Carbon Emissions by 2050

🌱 ESG Focus Areas

Climate ChangeEnergy and Emissions ManagementWater ManagementWaste and Effluent ManagementLabour PracticesHealth and SafetyDiversityCustomer SatisfactionBusiness ContinuityBusiness Ethics and ComplianceResponsible Supply ChainSustainable Product OfferingTechnology and InnovationData Privacy and Security

⚠️ Challenges & Risks +

  • Challenging economic conditions in China
  • Increased competition
  • Rising cost pressures
  • Discounting in China due to an oversupply of New Energy Vehicles (NEV)
  • Shift in consumer preferences towards PHEV and HEV
  • Implementation of agency sales model
  • Customer acceptance of autonomous vehicles
  • Water scarcity and supply disruptions
  • Improper storage, treatment and disposal of hazardous waste
  • Cyberattacks

📋 Report Information

Reporting Period: 2023-07 to 2024-06
Frameworks: Integrated Reporting Framework, Malaysian Code on Corporate Governance 2021, Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Malaysian Financial Reporting Standards, International Financial Reporting Standards, Global Reporting Initiative (GRI) Standards, United Nations Sustainable Development Goals (UN SDGs), IFRS S1 and S2
Assurance: Group Corporate Assurance (GCA)