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Public Profile
Public Administration
MY
updated 6 months ago

Ministry of Finance Malaysia

Company website

The Ministry of Finance Malaysia, often referred to as MOF Malaysia, serves as the central authority for the nation’s financial management and economic policy. Headquartered in Putrajaya, the ministry plays a pivotal role in shaping fiscal policies across Malaysia, with significant operations throughout the country. Established in 1959, the Ministry has achieved numerous milestones, including the implementation of key financial reforms and the development of the national budget. The Ministry's core services encompass budget planning, tax administration, and public expenditure management, all aimed at fostering economic stability and growth. Its unique approach to financial governance and commitment to transparency have positioned it as a leader in the public finance sector. Notable achievements include the successful management of Malaysia's economic recovery initiatives, reinforcing its reputation as a cornerstone of the nation's economic framework.

DitchCarbon Score

How does Ministry of Finance Malaysia'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.

20

Industry Average

Mean score of companies in the Public Administration 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.

24

Industry Benchmark

Ministry of Finance Malaysia's score of 20 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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Ministry of Finance Malaysia's reported carbon emissions

The Ministry of Finance Malaysia currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges at this time. This lack of data suggests that the Ministry may be in the early stages of developing a comprehensive climate strategy or reporting framework. As of now, there are no emissions inherited from a parent or related organization, indicating that the Ministry operates independently in this regard. Without specific emissions data or reduction initiatives, it is challenging to assess their current impact on climate commitments or their alignment with industry standards. In summary, the Ministry of Finance Malaysia has yet to disclose any carbon emissions data or climate commitments, which may reflect a need for further development in their environmental strategy.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ministry of Finance Malaysia's primary industry is Public administration and defence services; compulsory social security services (75), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ministry of Finance Malaysia is in MY, which has a medium grid carbon intensity relative to other regions.

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.

Ministry of Finance Malaysia 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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