Fgv Holdings Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Fgv Holdings's score of 43 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fgv Holdings's reported carbon emissions
In 2024, FGV Holdings Berhad reported significant carbon emissions, totalling approximately 37,075,192,250 kg CO2e for Scope 1, 210,819,960 kg CO2e for Scope 2, and 18,684,551,920 kg CO2e for Scope 3 emissions. This data highlights the company's substantial carbon footprint across its operations. FGV Holdings has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 46.2% by 2030 from a 2019 baseline. Additionally, the company targets a 90% reduction in absolute emissions across all scopes by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to the global climate agenda, including support for Malaysia's goal to reduce greenhouse gas emissions under the Paris Agreement by 45% by 2030. The company is also dedicated to achieving net-zero emissions across its value chain by 2050. This commitment encompasses all scopes of emissions, including significant reductions in Scope 3 emissions, which account for the majority of its carbon footprint. FGV Holdings has pledged to eliminate deforestation linked to its primary commodities by December 31, 2025, further reinforcing its sustainability efforts. Overall, FGV Holdings Berhad is actively working towards substantial emissions reductions and sustainability goals, demonstrating a proactive approach to addressing climate change.
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| 2017 | 2018 | 2019 | 2024 | |
|---|---|---|---|---|
| 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 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 |
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Fgv Holdings'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.
Fgv Holdings has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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