Mi Technovation Berhad
Mi Technovation Berhad, a leading player in the technology sector, is headquartered in Malaysia (MY) and operates extensively across the Asia-Pacific region. Founded in 2005, the company has established itself in the semiconductor and electronics industry, focusing on innovative solutions for the manufacturing of advanced electronic components. Specialising in the design and production of high-quality semiconductor materials, Mi Technovation is recognised for its commitment to research and development, which sets its products apart in a competitive market. The company has achieved significant milestones, including strategic partnerships and expansions that enhance its market position. With a reputation for excellence and a robust portfolio of cutting-edge technologies, Mi Technovation Berhad continues to drive advancements in the electronics sector, making it a notable contender in the global marketplace.
DitchCarbon Score
How does Mi Technovation 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 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
Mi Technovation Berhad's score of 36 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mi Technovation Berhad's reported carbon emissions
In 2023, Mi Technovation Berhad reported total carbon emissions of approximately 1,925,748 kg CO2e. This figure includes Scope 1 emissions of about 66,605 kg CO2e, primarily from process and fugitive emissions, and Scope 2 emissions of approximately 1,739,212 kg CO2e, mainly from purchased electricity. Additionally, the company recorded significant Scope 3 emissions of around 4,482,399 kg CO2e, entirely attributed to purchased goods and services. Comparatively, in 2022, the total emissions were about 1,974,106 kg CO2e, with Scope 1 emissions at approximately 77,879 kg CO2e and Scope 2 emissions at around 1,904,814 kg CO2e. The Scope 3 emissions for that year were significantly higher, at about 6,243,146 kg CO2e. Despite these figures, Mi Technovation Berhad has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company does not inherit emissions data from any parent organisation, indicating that all reported figures are independently sourced. Overall, while Mi Technovation Berhad has made strides in tracking its carbon footprint, the lack of defined reduction goals highlights an area for potential improvement in their climate action efforts.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 59,426.1 | 00,000.0 | 00,000.0 |
| Scope 2 | 2,040,139.2 | 0,000,000.0 | 0,000,000.0 |
| Scope 3 | 5,415,736.2 | 0,000,000.0 | 0,000,000.0 |
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.
Mi Technovation Berhad 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.
