Malaysian Resources Corporation Berhad
Malaysian Resources Corporation Berhad (MRCB) is a prominent player in the Malaysian construction and property development industry, headquartered in Kuala Lumpur, MY. Established in 1969, MRCB has evolved into a leading integrated property and infrastructure company, focusing on sustainable development and innovative solutions. The company operates primarily in the construction, property development, and infrastructure sectors, with significant projects across Malaysia. MRCB is renowned for its commitment to quality and sustainability, offering a diverse range of services, including commercial and residential developments, as well as transportation infrastructure. With a strong market position, MRCB has achieved notable milestones, including the development of key urban projects that enhance Malaysia's infrastructure landscape. Its dedication to excellence and innovation continues to set MRCB apart in a competitive industry.
DitchCarbon Score
How does Malaysian Resources Corporation 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 Construction Work 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
Malaysian Resources Corporation Berhad's score of 41 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Malaysian Resources Corporation Berhad's reported carbon emissions
In 2023, Malaysian Resources Corporation Berhad (MRCB) reported total carbon emissions of approximately 40,121,000 kg CO2e. This figure includes 3,851,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 18,751,000 kg CO2e from Scope 2 emissions, all attributed to purchased electricity. Additionally, Scope 3 emissions accounted for about 17,520,000 kg CO2e, with significant contributions from upstream leased assets (6,030,000 kg CO2e) and purchased goods and services (6,877,000 kg CO2e). In 2022, MRCB's total emissions were approximately 32,932,000 kg CO2e, with Scope 1 emissions at 2,061,000 kg CO2e and Scope 2 emissions at 17,396,000 kg CO2e. Scope 3 emissions for that year were about 13,590,000 kg CO2e. MRCB has set reduction targets of 1% for both Scope 1 and Scope 2 emissions, aimed for completion by the end of 2021. These targets were established based on benchmarking against other property and construction companies in Malaysia. However, it is noted that their near-term target status has been marked as "Commitment removed," indicating a shift in their climate strategy. The company is a member of the BA1.5 initiative, which signifies its commitment to aligning with a 1.5°C pathway, although specific long-term targets or net-zero commitments have not been established. MRCB's emissions data is self-reported and does not cascade from any parent organisation.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,826,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000 | 0,000,000 | 00,000,000 | 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.
Malaysian Resources Corporation Berhad is participating in some of the initiatives that 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.
