Malaysia Aviation Group Bhd Sustainability Profile
Malaysia Aviation Group Bhd, commonly referred to as MAG, is a prominent player in the aviation industry, headquartered in Kuala Lumpur, Malaysia. Established in 1947, the company has evolved significantly, marking key milestones in its journey, including the expansion of its operational regions across Asia and beyond. MAG operates primarily in the airline and aviation services sector, encompassing Malaysia Airlines, Firefly, and MASwings. Its core offerings include passenger and cargo air transport, maintenance, and engineering services, distinguished by a commitment to safety and customer satisfaction. With a strong market position, Malaysia Aviation Group Bhd has garnered recognition for its innovative approach and dedication to sustainability, making it a leader in the regional aviation landscape.
DitchCarbon Score
How does Malaysia Aviation Group Bhd'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 Real Estate 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
Malaysia Aviation Group Bhd's score of 11 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Malaysia Aviation Group Bhd's reported carbon emissions
In 2022, Malaysia Aviation Group Bhd reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 emissions and 282,600 kg CO2e from Scope 2 emissions. This data reflects the company's commitment to transparency in its environmental impact, although no Scope 3 emissions data has been disclosed. Comparatively, in 2021, the company reported significantly higher Scope 1 emissions at 533,000,000 kg CO2e, indicating a substantial reduction in emissions in the following year. However, there are currently no specific reduction targets or climate pledges outlined by the company, nor are there any initiatives linked to the Science Based Targets initiative (SBTi). As Malaysia Aviation Group Bhd continues to navigate its sustainability journey, the focus remains on improving operational efficiencies and reducing its carbon footprint, aligning with broader industry trends towards climate responsibility.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Malaysia Aviation Group Bhd's Industry?
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Malaysia Aviation Group Bhd'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.
Malaysia Aviation Group Bhd 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.
