Favelle Favco Berhad Sustainability Profile
Favelle Favco Berhad, a prominent player in the crane manufacturing industry, is headquartered in Malaysia (MY) and operates extensively across Asia, the Middle East, and Australia. Founded in 1960, the company has established itself as a leader in providing innovative lifting solutions, particularly in the oil and gas, construction, and marine sectors. Favelle Favco is renowned for its high-quality products, including tower cranes, offshore cranes, and specialised lifting equipment, which are distinguished by their advanced engineering and reliability. The company has achieved significant milestones, including numerous successful projects that underscore its market position and commitment to excellence. With a strong focus on safety and efficiency, Favelle Favco continues to set industry standards, making it a trusted partner for clients worldwide.
DitchCarbon Score
How does Favelle Favco 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 Construction Work 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
Favelle Favco Berhad's score of 17 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Favelle Favco Berhad's reported carbon emissions
Favelle Favco Berhad, headquartered in Malaysia (MY), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reduce greenhouse gas emissions at this time. As a current subsidiary, Favelle Favco Berhad's climate initiatives and emissions data may be influenced by its corporate family relationships. However, no specific data or targets have been cascaded from a parent organization. The absence of emissions data and reduction initiatives places Favelle Favco Berhad in a context where it may need to enhance its climate commitments to align with industry standards and expectations for sustainability. In summary, Favelle Favco Berhad currently lacks reported emissions data and formal climate commitments, indicating an opportunity for improvement in its environmental strategy.
How Carbon Intensive is Favelle Favco Berhad's Industry?
How Carbon Intensive is Favelle Favco Berhad's Location?
Favelle Favco 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.
Favelle Favco 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.
