Bursa Malaysia, officially known as Bursa Malaysia Berhad, is a leading stock exchange located in Kuala Lumpur, Malaysia. Established in 1930, it has evolved into a pivotal financial institution in Southeast Asia, facilitating capital market activities across the region. The exchange operates primarily in the securities, derivatives, and Islamic capital markets, offering a diverse range of products and services tailored to meet the needs of investors and issuers alike. Bursa Malaysia is renowned for its unique offerings, including Shariah-compliant investment options, which cater to the growing demand for ethical finance. With a strong market position, it has achieved significant milestones, such as the introduction of innovative trading platforms and initiatives to enhance market accessibility. As a key player in the financial industry, Bursa Malaysia continues to drive economic growth and investment opportunities in Malaysia and beyond.
How does Bursa Malaysia'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 Financial Intermediation 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.
Bursa Malaysia's score of 69 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bursa Malaysia reported significant carbon emissions across various scopes, with Scope 1 emissions amounting to approximately 2,405,790 kg CO2e, Scope 2 emissions at about 6,168,740 kg CO2e, and Scope 3 emissions reaching around 1,360,000 kg CO2e. This reflects the company's ongoing commitment to transparency in its environmental impact. Bursa Malaysia has set ambitious climate targets, committing to achieve net-zero greenhouse gas emissions across its value chain by 2050. In the near term, the company aims to reduce its absolute Scope 1 and 2 GHG emissions by 50% by 2030, using 2022 as the baseline year. Additionally, Bursa Malaysia plans to transition to 100% renewable electricity sourcing by 2030 and reduce its Scope 3 emissions by 50% within the same timeframe. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions by 2050, as well as a 90% reduction in Scope 3 emissions by the same year. These targets align with the Science Based Targets initiative (SBTi) and demonstrate Bursa Malaysia's commitment to addressing climate change and promoting sustainability within the financial services sector.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 5,130 | 000,000 | 000,000 | 0,000,000 |
Scope 2 | 6,308,660 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 3,450 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Bursa Malaysia 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.