Malaysian Resources Corporation Berhad Sustainability Profile
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 49 is higher than 71% 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 2024, Malaysian Resources Corporation Berhad (MRCB) reported total carbon emissions of approximately 29067000 kg CO2e, comprising 8793000 kg CO2e from Scope 1, 20274000 kg CO2e from Scope 2, and 233779000 kg CO2e from Scope 3 emissions. This reflects a significant increase in emissions compared to 2023, where total emissions were about 35210000 kg CO2e, with Scope 1 at 7870000 kg CO2e, Scope 2 at 27339000 kg CO2e, and Scope 3 at 19194000 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 lack of ongoing commitment to these specific reduction goals. The company is a member of the BA1.5 initiative, which signifies its engagement in climate action, although it has not established any formal long-term targets or net-zero commitments. MRCB's emissions data is self-reported and does not cascade from any parent organization. Overall, while MRCB has made initial commitments to reduce emissions, the recent data suggests a need for renewed focus and action to meet climate goals effectively.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 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 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
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Malaysian Resources Corporation 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.
Malaysian Resources Corporation Berhad has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Malaysian Resources Corporation Berhad's sustainability data and climate commitments