Senheng New Retail Sustainability Profile
Senheng New Retail, a prominent player in Malaysia's retail landscape, is headquartered in Kuala Lumpur. Established in 1989, the company has evolved into a leading electronics and home appliances retailer, serving customers across various regions in Malaysia. Specialising in a wide range of products, including consumer electronics, home appliances, and smart home solutions, Senheng distinguishes itself through its commitment to customer service and innovative retail experiences. The company has achieved significant milestones, such as expanding its store network and embracing digital transformation to enhance customer engagement. With a strong market position, Senheng New Retail is recognised for its quality offerings and customer-centric approach, making it a trusted choice for consumers seeking reliable and cutting-edge technology solutions.
DitchCarbon Score
How does Senheng New Retail'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 Motor Vehicle Retail 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
Senheng New Retail's score of 32 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Senheng New Retail's reported carbon emissions
In 2023, Senheng New Retail reported total carbon emissions of approximately 12,000,000 kg CO2e, comprising 1,803,000 kg CO2e from Scope 1, 10,665,000 kg CO2e from Scope 2, and 194,000 kg CO2e from Scope 3 emissions. This data reflects a slight decrease in Scope 1 emissions from 1,861,000 kg CO2e in 2022 and 1,768,000 kg CO2e in 2021, indicating a commitment to reducing direct emissions. However, Scope 2 emissions remained significant, with no reported reductions in previous years. Senheng New Retail has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a need for enhanced climate action strategies. The emissions data is cascaded from its parent company, Senheng New Retail Berhad, indicating a corporate family relationship that influences its sustainability reporting. Overall, while Senheng New Retail has made some progress in managing its carbon footprint, the absence of formal reduction targets highlights an opportunity for the company to strengthen its climate commitments and align with industry standards for sustainability.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,768,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 00,000,000 |
| Scope 3 | - | - | 000,000 |
How Carbon Intensive is Senheng New Retail's Industry?
How Carbon Intensive is Senheng New Retail's Location?
Senheng New Retail'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.
Senheng New Retail 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.
