Fgv Holdings
FGV Holdings Berhad, commonly referred to as FGV, is a leading player in the agribusiness sector, headquartered in Malaysia. Established in 2012, FGV has rapidly evolved into a significant force in the palm oil industry, with extensive operations across Southeast Asia and beyond. The company is renowned for its sustainable practices and innovative approaches in oil palm cultivation, processing, and distribution. FGV's core offerings include crude palm oil, palm kernel oil, and various downstream products, all distinguished by their commitment to quality and sustainability. With a strong market position, FGV has achieved notable milestones, including certifications for sustainable palm oil production, reinforcing its reputation as a responsible industry leader. As a key contributor to Malaysia's economy, FGV Holdings continues to set benchmarks in the agribusiness landscape.
DitchCarbon Score
How does Fgv Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Fgv Holdings's score of 10 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fgv Holdings's reported carbon emissions
In 2019, FGV Holdings reported total greenhouse gas emissions of approximately 19026000 kg CO2e for Scope 1 and about 88775000 kg CO2e for Scope 2. This indicates a significant reliance on energy-intensive operations, particularly in their sugar production and logistics sectors. In 2018, emissions were slightly higher, with Scope 1 emissions at about 16257000 kg CO2e and Scope 2 emissions at approximately 85518000 kg CO2e. The trend shows an increase in Scope 1 emissions from 2017, which recorded about 11178000 kg CO2e for Scope 1 and approximately 91211000 kg CO2e for Scope 2. Despite these figures, FGV Holdings has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not provided emissions data for the years 2021, 2022, and 2023, but has reported average greenhouse gas intensity emissions of 1020 kg CO2e/tCPO in 2021, 910 kg CO2e/tCPO in 2022, and 850 kg CO2e/tCPO in 2023, indicating a potential focus on improving efficiency relative to production. Overall, while FGV Holdings has made strides in measuring their emissions, the absence of defined reduction targets or commitments suggests a need for enhanced climate action strategies to align with global sustainability goals.
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Get Started| 2017 | 2018 | 2019 | |
|---|---|---|---|
| Scope 1 | 11,178,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 91,211,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fgv Holdings is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
