HAP SENG CONSOLIDATED BERHAD
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 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
HAP SENG CONSOLIDATED BERHAD's reported carbon emissions
In 2023, HAP SENG CONSOLIDATED BERHAD reported total carbon emissions of approximately 39,000,000 kg CO2e. This includes 135,413,440 kg CO2e from Scope 1 emissions, primarily from direct operations, and 19,249,310 kg CO2e from Scope 2 emissions, which are associated with purchased electricity. Additionally, Scope 3 emissions totalled about 26,093,000 kg CO2e, encompassing various indirect emissions such as business travel and waste generated in operations. The company's emissions data shows a significant increase in Scope 1 emissions compared to previous years, with 2022 reporting 279,551,470 kg CO2e in Scope 1 emissions. However, the company has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. HAP SENG's commitment to addressing climate change is evident through their emissions disclosures across all three scopes (1, 2, and 3), but the absence of defined reduction initiatives suggests a need for more structured climate action plans. The company operates in a sector where emissions management is critical, and enhancing their climate commitments could align them with industry best practices.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 0.11 | 0.00 | 0.00 | - | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 10.2 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000,000 |
| Scope 3 | 106,100 | 000,000 | - | - | - | - | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to any reduction initiatives 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.
