Fgv Holdings

Fgv Holdings's reported carbon emissions

## FGV Holdings: Carbon Emissions and Climate Commitments FGV Holdings, a Malaysia-based company operating in the food products sector, has outlined its commitment to climate action with ambitious reduction targets. ### Carbon Emissions Data: For the reporting year 2024, FGV Holdings reported a total of **22,074,471,520 kg CO2e** in emissions. This figure is comprised of: * **Scope 1 Emissions:** Approximately 3,707,519,250 kg CO2e. * **Scope 2 Emissions:** Approximately 210,819,960 kg CO2e. * **Scope 3 Emissions:** Approximately 18,684,551,920 kg CO2e. In previous years, FGV Holdings has reported: * **2019:** Scope 1 emissions of approximately 19,026,000 kg CO2e and Scope 2 emissions of approximately 88,775,000 kg CO2e. Data for Scope 3 was not disclosed for this year. * **2018:** Scope 1 emissions of approximately 16,257,000 kg CO2e and Scope 2 emissions of approximately 85,518,000 kg CO2e. Scope 3 emissions were not disclosed. * **2017:** Scope 1 emissions of approximately 11,178,000 kg CO2e and Scope 2 emissions of approximately 91,211,000 kg CO2e. Scope 3 emissions were not disclosed. ### Climate Commitments and Reduction Targets: FGV Holdings is committed to supporting global climate action and has set the following targets: * **Net-Zero Emissions:** The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050. * **Science-Based Targets:** FGV Holdings has committed to the Science Based Targets initiative (SBTi) with near-term targets for 2030 and long-term targets for 2050. * **Near-Term Targets (by 2030, from a 2019 base year):** * A reduction of 46.2% in absolute Scope 1 and 2 GHG emissions. * A reduction of 46.2% in absolute Scope 3 GHG emissions, covering purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, business travel, employee commuting, and use of sold products. * A reduction of 33.3% in absolute Scope 1 & 3 Forest, Land, and Agriculture (FLAG) GHG emissions. * **Long-Term Targets (by 2050, from a 2019 base year):** * A reduction of 90% in absolute Scope 1 and 2 GHG emissions. * A reduction of 90% in absolute Scope 3 GHG emissions. * A reduction of 72% in absolute Scope 1 & 3 FLAG GHG emissions. * **No Deforestation:** FGV Holdings is committed to no deforestation across its primary deforestation-linked commodities, with a target date of 31 December 2025. * **Paris Agreement Alignment:** The company supports Malaysia’s goal to reduce GHG emissions by 45% by 2030 under the Paris Agreement. FGV Holdings's climate commitments are sourced directly from the company and align with SBTi standards, indicating a comprehensive approach to emissions management and reduction.