kuala lumpur kepong Sustainability Profile
Kuala Lumpur Kepong Berhad (KLK) is a prominent Malaysian company headquartered in Kuala Lumpur, Malaysia. Established in 1906, KLK has evolved into a leading player in the plantation and manufacturing sectors, with significant operations across Malaysia and Indonesia. The company primarily focuses on palm oil production, rubber cultivation, and the manufacturing of related products, distinguishing itself through sustainable practices and innovation. KLK's commitment to sustainability has garnered recognition, positioning it as a responsible leader in the industry. With a diverse portfolio that includes palm oil, rubber, and oleochemicals, KLK continues to achieve notable milestones, reinforcing its market position as a key contributor to the global agricultural landscape. The company's dedication to quality and sustainability sets it apart, making it a trusted name in the plantation and manufacturing industries.
DitchCarbon Score
How does kuala lumpur kepong'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 Oil Seeds 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
kuala lumpur kepong's score of 17 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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kuala lumpur kepong's reported carbon emissions
In 2023, Kuala Lumpur Kepong (KLK) reported total carbon emissions of approximately 1,339,200,000 kg CO2e, comprising 976,600,320 kg CO2e from Scope 1, 226,558,110 kg CO2e from Scope 2, and 136,941,700 kg CO2e from Scope 3 emissions. This represents a notable increase from 2022, where emissions were about 1,188,424,970 kg CO2e, with Scope 1 at 865,532,580 kg CO2e, Scope 2 at 177,497,270 kg CO2e, and Scope 3 at 145,393,120 kg CO2e. KLK has set ambitious climate commitments, aiming for a 25% reduction in greenhouse gas emission intensity by 2029/2030 compared to the 2018/2019 baseline, alongside a target for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. The company has made significant strides in reducing greenhouse gas emissions from palm oil mill effluent (POME) through the integration of biogas capturing and power plants, achieving a 60% reduction in GHG emissions from these sources since 2010. KLK's emissions data is sourced directly from the company, with no cascading from a parent organisation. The company continues to focus on sustainability initiatives to enhance its climate performance and reduce its overall carbon footprint.
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| 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 11,905,510 | 000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 34,060,530 | 00,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 963,190 | 00,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is kuala lumpur kepong's Industry?
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kuala lumpur kepong'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.
kuala lumpur kepong 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.
