MMC Corporation Berhad Sustainability Profile
MMC Corporation Berhad, a leading Malaysian infrastructure and utilities company, is headquartered in Kuala Lumpur, Malaysia. Established in 1980, MMC has evolved into a key player in the construction, energy, and logistics sectors, with significant operations across Southeast Asia. The company is renowned for its diverse portfolio, which includes engineering and construction services, port operations, and power generation. MMC's commitment to innovation and sustainability sets it apart in the industry, enabling it to deliver high-quality projects that meet the needs of a rapidly changing market. With a strong market position, MMC Corporation has achieved notable milestones, including the development of major infrastructure projects that enhance connectivity and economic growth in the region. Its dedication to excellence continues to drive its success in the competitive landscape of infrastructure development.
DitchCarbon Score
How does MMC Corporation 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 Electricity Distribution 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
MMC Corporation Berhad's score of 7 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MMC Corporation Berhad's reported carbon emissions
In 2023, MMC Corporation Berhad reported total carbon emissions of approximately 58,171,000 kg CO2e for Scope 1, 93,691,000 kg CO2e for Scope 2, and 19,697,000 kg CO2e for Scope 3. This data reflects a comprehensive assessment of their emissions across all relevant scopes, demonstrating their commitment to transparency in climate reporting. Comparatively, in 2022, the company recorded emissions of about 52,536,000 kg CO2e for Scope 1, 34,447,000 kg CO2e for Scope 2, and 16,803,000 kg CO2e for Scope 3. The figures indicate a notable increase in Scope 1 and Scope 2 emissions from 2022 to 2023, while Scope 3 emissions also saw a rise. Despite these figures, MMC Corporation Berhad has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of Science-Based Targets Initiative (SBTi) reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. It is important to note that the emissions data is cascaded from MMC Corporation Berhad, reflecting their performance as a current subsidiary. The company is actively engaged in monitoring and reporting its carbon footprint, aligning with industry standards for climate accountability.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 51,991,200 | 00,000,000 | 00,000,000 |
| Scope 2 | 8,834,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 13,941,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is MMC Corporation Berhad's Industry?
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MMC Corporation Berhad's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
MMC Corporation Berhad has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
