First Resources Limited Sustainability Profile
First Resources Limited, a leading player in the agribusiness sector, is headquartered in Singapore (SG) and operates extensively across Indonesia and Malaysia. Founded in 1994, the company has established itself as a prominent producer of palm oil, with a focus on sustainable practices and innovation in the industry. Specialising in the cultivation, processing, and trading of palm oil and its derivatives, First Resources is recognised for its commitment to sustainability and quality. The company’s unique approach to integrated operations ensures efficiency and traceability, setting it apart in a competitive market. With a strong market position, First Resources Limited has achieved significant milestones, including certifications for sustainable palm oil production. Its dedication to responsible sourcing and environmental stewardship has garnered recognition, making it a trusted name in the global palm oil industry.
DitchCarbon Score
How does First Resources Limited'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 Research Services 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
First Resources Limited's score of 64 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First Resources Limited's reported carbon emissions
In 2024, First Resources Limited reported total carbon emissions of approximately 3.3 billion kg CO2e, comprising 2.1 billion kg CO2e from Scope 1, about 27 million kg CO2e from Scope 2, and approximately 1.2 billion kg CO2e from Scope 3 emissions. This marks a notable decrease from 2023, where total emissions were approximately 3.8 billion kg CO2e, with Scope 1 emissions at about 2.4 billion kg CO2e, Scope 2 at approximately 19 million kg CO2e, and Scope 3 at around 1.4 billion kg CO2e. First Resources has set ambitious climate commitments, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. Additionally, the company targets a 30.3% reduction in absolute Scope 1 emissions and a 42% reduction in absolute Scope 1 and Scope 2 emissions by 2030, aligning with the 1.5°C climate target. These initiatives reflect a proactive approach to mitigating climate impact and demonstrate a commitment to sustainable practices within the industry. The emissions data is cascaded from First Resources Limited, which operates as a current subsidiary, ensuring that the reported figures are consistent with the parent company's sustainability goals.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 281,787,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is First Resources Limited's Industry?
How Carbon Intensive is First Resources Limited's Location?
First Resources Limited's Scope 3 Categories Breakdown
First Resources Limited's Scope 3 emissions, which decreased by 13% last year and decreased by approximately 21% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 37% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 38% of Scope 3 emissions.
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First Resources Limited'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.
First Resources Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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