Hap Seng Plantations Holdings Berhad
Hap Seng Plantations Holdings Berhad, a prominent player in the Malaysian agricultural sector, is headquartered in Kuala Lumpur, Malaysia. Established in 1960, the company has grown to become a leading producer of palm oil, with significant operations in Sabah and Sarawak. Specialising in sustainable palm oil cultivation, Hap Seng is committed to environmentally responsible practices, setting it apart in a competitive industry. The company’s core offerings include crude palm oil and palm kernel oil, which are renowned for their quality and sustainability. With a strong market position, Hap Seng Plantations has achieved notable milestones, including certifications for sustainable palm oil production. This dedication to excellence and sustainability has solidified its reputation as a trusted name in the palm oil industry, contributing to Malaysia's status as a global leader in palm oil exports.
DitchCarbon Score
How does Hap Seng Plantations Holdings 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 Plantations Holdings Berhad's score of 6 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hap Seng Plantations Holdings Berhad's reported carbon emissions
Hap Seng Plantations Holdings Berhad, headquartered in Malaysia, reported significant carbon emissions in 2023, totalling approximately 100,584,970 kg CO2e. This figure includes 269,893,000 kg CO2e from Scope 1 emissions, 110,000 kg CO2e from Scope 2, and 10,209,970 kg CO2e from Scope 3 emissions. Notably, the company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. In previous years, emissions have shown variability. For instance, in 2014, total emissions were about 6,600 kg CO2e, with Scope 1 at 2,350 kg CO2e, Scope 2 at 3,180 kg CO2e, and Scope 3 at 1,070 kg CO2e. By 2020, emissions decreased to approximately 4,440 kg CO2e, with Scope 1 at 1,030 kg CO2e, Scope 2 at 410 kg CO2e, and Scope 3 significantly higher at 2,800 kg CO2e. The company has reported GHG emissions intensity metrics, with values of 740 kg CO2e per tonne in 2021 and 690 kg CO2e per tonne in 2022, indicating a focus on improving efficiency. However, without specific reduction targets or commitments, the long-term trajectory of their emissions remains uncertain.
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Add to project| 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 2,350 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 | 000,000,000 |
| Scope 2 | 3,180 | 0,000 | 0,000 | 0,000 | 0,000 | 000 | 000,000 |
| Scope 3 | 1,070 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 | 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 Plantations Holdings 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.
