Fgv Holdings

FGV Holdings, a Malaysian food products company, reported total emissions of approximately 22.5 billion kg CO2e in 2024. This included about 3.7 billion kg CO2e from Scope 1, 210.8 million kg CO2e from Scope 2, and 18.7 billion kg CO2e from Scope 3 emissions.

FGV Holdings has set ambitious climate commitments. The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. As part of its near-term targets, FGV Holdings aims to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 from a 2019 base year. Additionally, it plans to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, business travel, employee commuting, and use of sold products by 46.2% within the same timeframe. For its long-term targets, FGV Holdings is committed to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 base year, and absolute Scope 3 GHG emissions by 90% within the same timeframe. These Science Based Targets initiative (SBTi) approved targets also include a commitment to no deforestation across its primary deforestation-linked commodities by December 31, 2025.