Boustead Holdings Berhad Sustainability Profile
Boustead Holdings Berhad, a prominent Malaysian conglomerate, is headquartered in Kuala Lumpur, Malaysia. Established in 1828, the company has evolved into a diversified entity with significant operations across various sectors, including property, finance, and manufacturing. With a strong focus on sustainable development, Boustead offers unique products and services that cater to both local and international markets. The company is particularly known for its strategic investments in the oil and gas sector, as well as its innovative property developments. Over the years, Boustead has achieved notable milestones, solidifying its position as a key player in the Malaysian economy. Its commitment to excellence and sustainability has earned it recognition within the industry, making it a trusted name in the market.
DitchCarbon Score
How does Boustead Holdings Berhad'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 Machinery and Equipment 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
Boustead Holdings Berhad's score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Boustead Holdings Berhad's reported carbon emissions
In 2024, Boustead Holdings Berhad reported total carbon emissions of approximately 129,627,830 kg CO2e. This figure includes 5,610,630 kg CO2e from Scope 1 emissions, 30,328,970 kg CO2e from Scope 2 emissions, and 6,660,770 kg CO2e from Scope 3 emissions. The previous year, 2023, the total emissions were about 108,641,600 kg CO2e, with Scope 1 at 6,576,490 kg CO2e, Scope 2 at 29,081,550 kg CO2e, and Scope 3 remaining consistent at 6,660,770 kg CO2e. In 2022, the company reported total emissions of around 100,277,470 kg CO2e, with Scope 1 emissions at 6,044,780 kg CO2e and Scope 2 at 25,049,720 kg CO2e. Notably, emissions data from 2020 indicated a significantly higher total of approximately 1,076,126,720 kg CO2e, primarily due to substantial Scope 1 emissions of 961,889,700 kg CO2e. Despite these figures, Boustead Holdings Berhad has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company operates independently without cascading emissions data from a parent organisation, maintaining its own reporting and sustainability practices. Overall, Boustead Holdings Berhad's emissions reflect a complex operational footprint, with a need for strategic climate commitments to address its carbon impact effectively.
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| 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 980,452,420 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 137,082,550 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 10,000,000 | 00,000,000 | - | 0,000,000 | 0,000,000 |
How Carbon Intensive is Boustead Holdings Berhad's Industry?
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Boustead Holdings Berhad's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Boustead Holdings Berhad has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
