Misc

Misc's reported carbon emissions

MISC, headquartered in Malaysia and operating in sea and coastal water transportation services, has disclosed comprehensive carbon emissions data. For the reporting year 2024, the company reported total emissions of approximately 6,042,412,000 kg CO2e, comprising Scope 1 emissions of about 3,800,082,000 kg CO2e, Scope 2 emissions of approximately 45,024,000 kg CO2e, and Scope 3 emissions totalling around 2,198,289,000 kg CO2e. In 2023, MISC's total emissions were approximately 6,506,297,000 kg CO2e, with Scope 1 at about 4,120,702,000 kg CO2e, Scope 2 at approximately 39,875,000 kg CO2e, and Scope 3 at around 2,345,620,000 kg CO2e. The previous year, 2022, saw total emissions of approximately 6,687,764,000 kg CO2e, including Scope 1 at about 4,200,139,000 kg CO2e, Scope 2 at approximately 40,581,000 kg CO2e, and Scope 3 at around 2,447,044,000 kg CO2e. MISC has established significant climate commitments. The company aims to achieve net-zero greenhouse gas emissions by 2050. Furthermore, MISC is committed to decoupling its greenhouse gas emissions from business growth by 2030. In line with its near-term targets, MISC intends to reduce its GHG intensity from shipping operations by 50% by 2030, using 2008 as the baseline year, covering both Scope 1 and Scope 2 emissions. It is important to note that MISC's emissions data and climate commitments are cascaded from its parent organisation, MISC Berhad.