Fraser And Neave Holdings Bhd

Fraser And Neave Holdings Bhd's reported carbon emissions

Fraser And Neave Holdings Bhd (F&N), headquartered in Malaysia and operating within the Research and development services (73) industry, has been reporting its carbon emissions. In 2023, F&N's total reported emissions, encompassing Scope 1, 2, and 3, were approximately 414,289,000 kg CO2e. This figure comprised about 14,043,000 kg CO2e for Scope 1 emissions and approximately 9,633,000 kg CO2e for Scope 2 emissions. Scope 3 emissions in 2023 accounted for a significant portion, totalling around 414,289,000 kg CO2e. Prior to this, in 2022, the company reported total emissions of approximately 310,964,000 kg CO2e, with Scope 1 emissions at roughly 24,046,000 kg CO2e and Scope 2 emissions at approximately 29,175,000 kg CO2e. Scope 3 emissions for 2022 were reported at approximately 310,964,000 kg CO2e. In 2021, total emissions were approximately 53,221,000 kg CO2e, with Scope 1 emissions at about 14,043,000 kg CO2e, and Scope 2 and Scope 3 data were not fully disclosed for that year. F&N has set climate commitments, including a target to reduce the Group’s GHG emissions intensity ratio across all plants by 8% from a 2020 baseline by 2025. This target applies to both Scope 1 and Scope 2 emissions. Additionally, there was a past target to reduce energy intensity by 5% from 2017 by 2020, and to reduce the GHG emissions ratio by 5% from 2017 by 2020. For the year 2024, F&N reported on several key performance indicators related to sustainability, including 99.7% of active key suppliers accepting and complying with F&N’s SCOP, 0.0% average recycled content in beverage and dairy packaging, and 78.6% of purchase value spent on local suppliers. The company also reported 95% of employees trained on ESG. It is noted that F&N Holdings Bhd is a subsidiary and its emissions data are not cascaded from a parent organisation.