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Public Profile
Business Services
MY
updated 19 days ago

Hap Seng Plantations Holdings Berhad Sustainability Profile

Company website

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.

36

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.

26

Industry Benchmark

Hap Seng Plantations Holdings Berhad's score of 36 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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Hap Seng Plantations Holdings Berhad's reported carbon emissions

In 2023, Hap Seng Plantations Holdings Berhad reported total carbon emissions of approximately 100,584,970 kg CO2e. This includes Scope 1 emissions of about 269,893,000 kg CO2e, Scope 2 emissions of approximately 110,000 kg CO2e, and Scope 3 emissions totalling around 10,209,970 kg CO2e. Notably, the company achieved a significant reduction in net carbon emissions per tonne of Crude Palm Oil (CPO), decreasing by 28% from FY2021 to FY2022. The emissions data for 2022 indicated a total of about 279,636,850 kg CO2e, with Scope 1 emissions at approximately 279,551,470 kg CO2e and Scope 2 emissions around 85,380 kg CO2e. In 2021, the total emissions were reported at about 309,713,000 kg CO2e, all attributed to Scope 1. Hap Seng Plantations is a current subsidiary of Hap Seng Consolidated Berhad, which influences its emissions reporting and climate initiatives. The company has set reduction targets for both Scope 1 and Scope 2 emissions, reflecting its commitment to sustainability and climate action.

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202120222023
Scope 1
309,713,000
000,000,000
000,000,000
Scope 2
-
00,000
000,000
Scope 3
-
-
00,000,000

How Carbon Intensive is Hap Seng Plantations Holdings Berhad's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hap Seng Plantations Holdings Berhad's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hap Seng Plantations Holdings Berhad's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Hap Seng Plantations Holdings Berhad is in MY, which has a medium grid carbon intensity relative to other regions.

Hap Seng Plantations Holdings Berhad's Scope 3 Categories Breakdown

Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 4% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 52% of Scope 3 emissions.

Top Scope 3 Categories

2023
Fuel and Energy Related Activities
52%
Waste Generated in Operations
46%
Employee Commuting
2%
Business Travel
<1%

Hap Seng Plantations Holdings 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 Plantations Holdings 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Hap Seng Plantations Holdings Berhad's Emissions with Industry Peers

Golden Agri Resources Gar

SG
•
Other business services (74)
Updated about 20 hours ago

Sime Darby Plantation

MY
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 10 days ago

Bumitama Agri Ltd.

ID
•
Oils/fats edible
Updated about 5 hours ago

Ioi

MY
•
Other business services (74)
Updated 3 days ago

New Britain Palm Oil Limited

PG
•
Oils/fats edible
Updated about 1 month ago

Musim Mas Holdings Pte. Ltd.

SG
•
Other business services (74)
Updated 5 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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