Fgv Holdings
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 70% 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 3,707,519,250 kg CO2e for Scope 1, 210,819,960 kg CO2e for Scope 2, and a substantial 18,684,551,920 kg CO2e for Scope 3 emissions. This data highlights the company's extensive carbon footprint, particularly in Scope 3, which encompasses indirect emissions from the entire value chain. FGV Holdings has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030, using 2019 as the baseline year. Additionally, the company has pledged to achieve a 90% reduction in both Scope 1 and 2 emissions by 2050. For Scope 3 emissions, FGV Holdings is targeting a 46.2% reduction by 2030 and a 90% reduction by 2050. The company is also committed to reaching net-zero greenhouse gas emissions across its value chain by 2050. This commitment aligns with global climate action goals, including the Sustainable Development Goal 13 and Malaysia's target to reduce greenhouse gas emissions by 45% by 2030 under the Paris Agreement. FGV Holdings' climate strategy includes a commitment to no deforestation across its primary commodities by December 31, 2025, further demonstrating its dedication to sustainable practices. The targets set by FGV Holdings are consistent with the Science Based Targets initiative (SBTi) and reflect a long-term vision for reducing greenhouse gas emissions in line with climate science.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some of the initiatives that 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.
