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.
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.
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.
HAP SENG CONSOLIDATED BERHAD's score of 32 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, HAP SENG CONSOLIDATED BERHAD reported total carbon emissions of approximately 155,165,420 kg CO2e, which includes 135,413,440 kg CO2e from Scope 1 emissions and 19,249,310 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions accounted for about 26,093,000 kg CO2e. The company has disclosed emissions data for all three scopes, demonstrating a comprehensive approach to carbon accounting. In comparison, the 2022 emissions data indicated a total of approximately 357,142,460 kg CO2e, with Scope 1 emissions at 279,551,470 kg CO2e, Scope 2 at 85,380 kg CO2e, and Scope 3 at about 15,392,290 kg CO2e. This suggests a significant reduction in total emissions from 2022 to 2023. Despite these figures, HAP SENG CONSOLIDATED BERHAD has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any climate pledges. The emissions data is cascaded from the parent company, HAP SENG CONSOLIDATED BERHAD, indicating a structured approach to sustainability reporting within the corporate family. Overall, HAP SENG CONSOLIDATED BERHAD's emissions data reflects a commitment to transparency in carbon accounting, although further initiatives and targets would enhance their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 0.11 | 0.00 | 0.00 | 000,000,000 | 000,000,000 |
Scope 2 | 10.2 | 00.0 | 0.0 | 00,000 | 00,000,000 |
Scope 3 | - | - | - | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
HAP SENG CONSOLIDATED BERHAD is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.