Merchantrade Asia Sdn Bhd
Merchantrade Asia Sdn Bhd, a leading player in the financial services sector, is headquartered in Malaysia and operates extensively across Southeast Asia. Founded in 2000, the company has established itself as a pioneer in remittance, foreign exchange, and payment solutions, catering to both individual and corporate clients. With a commitment to innovation, Merchantrade offers unique services such as its digital wallet and cross-border payment solutions, setting it apart in a competitive market. The company has achieved significant milestones, including being the first to introduce a multi-currency e-wallet in Malaysia, enhancing its market position as a trusted financial partner. Recognised for its customer-centric approach, Merchantrade Asia continues to expand its footprint, solidifying its reputation as a reliable provider of financial services in the region.
DitchCarbon Score
How does Merchantrade Asia Sdn 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 Business 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
Merchantrade Asia Sdn Bhd's score of 2 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Merchantrade Asia Sdn Bhd's reported carbon emissions
In 2022, Merchantrade Asia Sdn Bhd reported total carbon emissions of approximately 1,221,670 kg CO2e, comprising 14,770 kg CO2e from Scope 1 emissions and 1,205,900 kg CO2e from Scope 2 emissions. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Merchantrade Asia's emissions intensity for the fiscal year 2022 was reported at 8,190 kg CO2e per tonne of revenue, while their energy intensity was approximately 13.83 RM per unit of electricity consumed. The absence of defined reduction targets indicates a potential area for improvement in their climate commitments. As a company headquartered in Malaysia, Merchantrade Asia is positioned within an industry increasingly focused on sustainability and carbon footprint reduction, highlighting the importance of establishing clear climate goals to align with global efforts in combating climate change.
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Add to project| 2022 | |
|---|---|
| Scope 1 | 14,770 |
| Scope 2 | 1,205,900 |
| Scope 3 | - |
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.
Merchantrade Asia Sdn Bhd is not committed to any reduction initiatives 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.
