FGV Holdings Berhad, commonly referred to as FGV, is a leading player in the agribusiness sector, headquartered in Malaysia. Established in 2012, FGV has rapidly evolved into a significant force in the palm oil industry, with extensive operations across Southeast Asia and beyond. The company is renowned for its sustainable practices and innovative approaches in oil palm cultivation, processing, and distribution. FGV's core offerings include crude palm oil, palm kernel oil, and various downstream products, all distinguished by their commitment to quality and sustainability. With a strong market position, FGV has achieved notable milestones, including certifications for sustainable palm oil production, reinforcing its reputation as a responsible industry leader. As a key contributor to Malaysia's economy, FGV Holdings continues to set benchmarks in the agribusiness landscape.
How does Fgv Holdings'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 Food Product Manufacturing 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.
Fgv Holdings's score of 37 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, FGV Holdings, headquartered in Malaysia, reported total carbon emissions of approximately 850 kg CO2e across all scopes (Scope 1, 2, and 3). This marked a significant reduction from previous years, with emissions of about 910 kg CO2e in 2022, 1,020 kg CO2e in 2021, and higher figures in earlier years. In 2019, the company recorded emissions of about 19,026,000 kg CO2e for Scope 1 and approximately 88,775,000 kg CO2e for Scope 2, indicating a substantial decrease in emissions over the following years. The emissions from Scope 1 and 2 in 2018 were about 16,257,000 kg CO2e and 85,518,000 kg CO2e, respectively, while in 2017, they were approximately 11,178,000 kg CO2e and 91,211,000 kg CO2e. FGV Holdings has committed to achieving net-zero emissions by 2050, with a long-term target that encompasses all scopes of emissions. This commitment aligns with the Science Based Targets initiative (SBTi), which the company has engaged with since 2021. The company is actively working towards reducing its carbon footprint and enhancing sustainability practices within its operations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 11,178,000 | 00,000,000 | 00,000,000 | 0,000 | 000 | 000 |
Scope 2 | 91,211,000 | 00,000,000 | 00,000,000 | 0,000 | 000 | 000 |
Scope 3 | - | - | - | 0,000 | 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.
Fgv Holdings 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.