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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.
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.
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.
Boustead Holdings Berhad's score of 18 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Boustead Holdings Berhad reported significant carbon emissions, totalling approximately 961,889,700 kg CO2e for Scope 1 and about 114,237,020 kg CO2e for Scope 2. This data reflects the company's operational impact within Malaysia, with a total of around 1,076,126,720 kg CO2e from these two scopes combined. Comparatively, in 2019, the company’s emissions were slightly higher, with Scope 1 emissions at about 980,452,420 kg CO2e and Scope 2 emissions at approximately 137,082,550 kg CO2e, leading to a total of around 1,117,534,970 kg CO2e. Despite these figures, Boustead Holdings Berhad has not established specific reduction targets or initiatives, nor do they have any commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. Overall, while Boustead Holdings Berhad has made strides in tracking its emissions, the lack of defined reduction strategies suggests an opportunity for enhanced climate action and commitment to sustainability in the coming years.
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.
Boustead Holdings Berhad is not participating in any of the initiatives that 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.