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 total carbon emissions of approximately 22.5 billion kg CO2e, comprising 3.7 billion kg CO2e from Scope 1, 210.8 million kg CO2e from Scope 2, and about 18.7 billion kg CO2e from Scope 3 emissions. This data reflects the company's commitment to transparency in its environmental impact. FGV Holdings has set ambitious climate targets, aiming for a 90% reduction in absolute Scope 1, Scope 2, and Scope 3 emissions by 2050, using 2019 as the base year. Additionally, the company has committed to a near-term target of reducing these emissions by 46.2% by 2030. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. The company is also dedicated to achieving net-zero greenhouse gas emissions across its value chain by 2050. This commitment includes a focus on sustainable practices, such as no deforestation across its primary commodities by the end of 2025. FGV Holdings' initiatives reflect its alignment with the Sustainable Development Goals (SDG 13) on Climate Action and Malaysia's national goals under the Paris Agreement.
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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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Common questions about Fgv Holdings's sustainability data and climate commitments
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