MGB VALUE DRIVEN INNOVATION
MGB Value Driven Innovation, headquartered in Malaysia, is a leading player in the construction and engineering industry, specialising in innovative building solutions. Founded in 2014, the company has rapidly established itself as a key provider of integrated construction services, focusing on sustainable practices and advanced technology. With a strong presence in Southeast Asia, MGB offers a diverse range of core products and services, including precast concrete solutions and modular construction systems. Their commitment to quality and efficiency sets them apart in a competitive market, enabling them to deliver projects that meet the highest standards. Recognised for their innovative approach, MGB Value Driven Innovation has achieved significant milestones, positioning themselves as a trusted partner in the construction sector. Their dedication to value-driven solutions continues to drive their success and growth in the industry.
DitchCarbon Score
How does MGB VALUE DRIVEN INNOVATION'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
MGB VALUE DRIVEN INNOVATION's score of 27 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MGB VALUE DRIVEN INNOVATION's reported carbon emissions
In 2023, MGB VALUE DRIVEN INNOVATION reported total carbon emissions of approximately 9,652,000 kg CO2e. This figure includes Scope 1 emissions of about 6,587,000 kg CO2e, Scope 2 emissions of around 446,000 kg CO2e, and Scope 3 emissions totalling approximately 2,619,000 kg CO2e. Notably, the Scope 3 emissions include significant contributions from business travel (about 91,000 kg CO2e) and employee commuting (approximately 392,000 kg CO2e), alongside waste generated in operations (around 2,136,000 kg CO2e). Comparatively, in 2022, the total emissions were about 7,525,000 kg CO2e, with Scope 1 at approximately 4,714,000 kg CO2e, Scope 2 at around 348,000 kg CO2e, and Scope 3 at about 2,463,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. MGB VALUE DRIVEN INNOVATION has set ambitious reduction targets, aiming for a 5% reduction in energy intensity by revenue for both Scope 1 and Scope 2 emissions, with a baseline year of 2022 and a target completion year of 2025. This commitment reflects the company's proactive approach to mitigating its carbon footprint. The emissions data is cascaded from its parent company, MGB Berhad, which is part of a corporate family relationship. The data is sourced from MGB Berhad's sustainability reports, ensuring transparency and accountability in their climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 5,113,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 271,000 | 000,000 | 000,000 |
| Scope 3 | 796,000 | 0,000,000 | 0,000,000 |
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.
MGB VALUE DRIVEN INNOVATION is not participating in any 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.
