Indofood Agri Resources Ltd
Indofood Agri Resources Ltd, a prominent player in the services auxiliary to financial intermediation sector, is headquartered in Singapore. Founded in 2004, the company has established a strong presence in key operational regions, primarily across Southeast Asia. Indofood Agri focuses on providing comprehensive financial services, including investment management and advisory, catering to a diverse clientele.
The company is renowned for its unique approach to integrating agricultural expertise with financial solutions, setting it apart in the competitive landscape. With a commitment to sustainability and innovation, Indofood Agri has achieved significant milestones, solidifying its market position as a leader in the industry. Its dedication to delivering value-added services has garnered recognition, making it a trusted partner in financial intermediation.
-9 vs industry average
Indofood Agri Resources Ltd’s score of 28 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Indofood Agri Resources Ltd's reported carbon emissions
Indofood Agri Resources Ltd., headquartered in Singapore and operating within the services auxiliary to financial intermediation sector, reported total greenhouse gas emissions of approximately 13,000,000 kg CO2e in 2022. This figure includes Scope 1 emissions from stationary combustion totalling about 7,000,000 kg CO2e and Scope 2 emissions from purchased electricity amounting to approximately 1,000,000 kg CO2e.
In 2021, the company's total emissions were approximately 8,000,000 kg CO2e, comprising about 6,000,000 kg CO2e from Scope 1 (stationary combustion) and approximately 2,000,000 kg CO2e from Scope 2 (purchased electricity).
For 2020, Indofood Agri Resources Ltd. reported total emissions of approximately 12,000,000 kg CO2e, with Scope 1 stationary combustion emissions at about 8,000,000 kg CO2e and Scope 2 purchased electricity emissions at approximately 4,000,000 kg CO2e.
The company has set near-term reduction targets. By 2018, based on a 2016 baseline, Indofood Agri Resources Ltd. aimed to reduce energy consumption in palm oil mills and refineries by 5% and 3% respectively. Additionally, by the same year, it targeted a 3% reduction in water consumption per tonne of Fresh Fruit Bunches (FFB) processed in palm oil mills.
It is noted that Indofood Agri Resources Ltd. is a subsidiary and its emissions data is not cascaded from a parent organisation. Its Scope 3 emissions data is not disclosed.
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Indofood Agri Resources Ltd’s Climate Goals (2030 & 2050)
4 goals2018
5% reduction in Scope 1
by 2018: reduce energy consumption in palm oil mills and refineries by 5% and 3% respectively (2016 baseline)
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Indofood Agri Resources Ltd
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