HAP SENG CONSOLIDATED BERHAD Sustainability Profile
Hap Seng Consolidated Berhad, a prominent Malaysian conglomerate, is headquartered in Kuala Lumpur, Malaysia. Established in 1963, the company has evolved into a key player across various sectors, including trading, manufacturing, and property development. With a strong presence in Malaysia and significant operations in Southeast Asia, Hap Seng is recognised for its diverse portfolio, which includes automotive, building materials, and financial services. The company’s core offerings, such as its high-quality automotive products and innovative construction materials, set it apart in the competitive landscape. Notably, Hap Seng has achieved remarkable growth, positioning itself as a leader in the Malaysian market. With a commitment to excellence and sustainability, Hap Seng Consolidated Berhad continues to drive progress in its industries, making it a noteworthy entity in the region's economic landscape.
DitchCarbon Score
How does HAP SENG CONSOLIDATED BERHAD'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 Business 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
HAP SENG CONSOLIDATED BERHAD's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HAP SENG CONSOLIDATED BERHAD's reported carbon emissions
In 2023, HAP SENG CONSOLIDATED BERHAD reported total carbon emissions of approximately 155,165,420 kg CO2e, which includes Scope 1 emissions of about 135,413,440 kg CO2e, Scope 2 emissions of approximately 19,249,310 kg CO2e, and Scope 3 emissions of around 26,093,000 kg CO2e. The company has disclosed emissions data for all three scopes, demonstrating a comprehensive approach to carbon accounting. In 2022, the total emissions were approximately 295,000,000 kg CO2e, with Scope 1 emissions at about 279,551,470 kg CO2e, Scope 2 at approximately 85,380 kg CO2e, and Scope 3 at around 15,392,290 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. HAP SENG CONSOLIDATED BERHAD has not set specific reduction targets or initiatives as per the latest data, and there are no climate pledges reported. The company operates as a current subsidiary of its parent organisation, inheriting emissions data and performance metrics from HAP SENG CONSOLIDATED BERHAD itself. Overall, HAP SENG CONSOLIDATED BERHAD's commitment to transparency in emissions reporting reflects an awareness of its environmental impact, although further commitments to reduction targets would enhance its climate strategy.
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| 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 000,000,000 | 000,000,000 |
| Scope 2 | 27,274,270 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 |
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HAP SENG CONSOLIDATED BERHAD'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.
HAP SENG CONSOLIDATED BERHAD 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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