Boustead Plantations Berhad Sustainability Profile
Boustead Plantations Berhad, a prominent player in the Malaysian palm oil industry, is headquartered in Kuala Lumpur, Malaysia. Established in 1910, the company has a rich history marked by significant milestones, including its listing on the Bursa Malaysia stock exchange. Boustead Plantations operates primarily in the cultivation of oil palm and the production of crude palm oil, with major operations in key regions such as Sabah and Peninsular Malaysia. The company is renowned for its commitment to sustainable practices and innovation in agricultural techniques, setting it apart in a competitive market. Boustead Plantations has achieved notable recognition for its efforts in environmental stewardship and social responsibility, solidifying its position as a leader in the industry. With a focus on quality and sustainability, Boustead Plantations continues to contribute significantly to Malaysia's economy and the global palm oil supply chain.
DitchCarbon Score
How does Boustead Plantations 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 General Crop Farming 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 Plantations Berhad's score of 11 is lower 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 Plantations Berhad's reported carbon emissions
In 2023, Boustead Plantations Berhad reported total carbon emissions of approximately 536,501 kg CO2e, comprising 149,290 kg CO2e from Scope 1, 2,211 kg CO2e from Scope 2, and a significant 385,000 kg CO2e from Scope 3 emissions. This data highlights the company's comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2020, the company’s total emissions were reported at about 961,889,700 kg CO2e, with Scope 1 emissions at approximately 24,093,000 kg CO2e and Scope 2 emissions at around 114,237,000 kg CO2e. The substantial difference in emissions between 2020 and 2023 indicates a significant reduction in total emissions, although specific reduction targets or initiatives have not been disclosed. Boustead Plantations Berhad has not established any formal reduction targets or climate pledges, nor does it appear to inherit emissions data from a parent company. The absence of specific climate commitments suggests that while the company is actively monitoring its emissions, it may need to enhance its climate strategy to align with industry standards and expectations.
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| 2020 | 2023 | |
|---|---|---|
| Scope 1 | 25,118,000 | 000,000 |
| Scope 2 | 114,237,000 | 0,000 |
| Scope 3 | - | 000,000 |
How Carbon Intensive is Boustead Plantations Berhad's Industry?
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Boustead Plantations 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 Plantations 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.
