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 23 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fgv Holdings's reported carbon emissions
In 2019, FGV Holdings reported total greenhouse gas emissions of approximately 108,123,000 kg CO2e, comprising about 19,026,000 kg CO2e from Scope 1 and about 88,775,000 kg CO2e from Scope 2 emissions. The previous year, 2018, saw emissions of about 97,740,000 kg CO2e, with Scope 1 emissions at approximately 16,257,000 kg CO2e and Scope 2 emissions at about 85,518,000 kg CO2e. In 2017, the company recorded emissions of around 102,958,000 kg CO2e, with Scope 1 emissions of about 11,178,000 kg CO2e and Scope 2 emissions of approximately 91,211,000 kg CO2e. FGV Holdings has committed to achieving net-zero emissions across all scopes by 2050, with a long-term target established in 2023. This commitment aligns with the Science Based Targets initiative (SBTi) framework, indicating a strategic approach to reducing their carbon footprint in the food production sector. The company is actively working towards these goals, although specific interim reduction targets have not been disclosed. Overall, FGV Holdings is taking significant steps to address its carbon emissions and contribute to climate action, reflecting a growing commitment to sustainability within the agricultural production industry in Malaysia.
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| 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.
