Tan Chong Motor Holdings Berhad Sustainability Profile
Tan Chong Motor Holdings Berhad, commonly known as Tan Chong, is a prominent automotive company headquartered in Malaysia. Established in 1957, the company has grown to become a key player in the automotive industry, with significant operations across Southeast Asia. Tan Chong is primarily engaged in the assembly, distribution, and retail of vehicles, focusing on brands such as Nissan and Subaru. Its unique offerings include a range of innovative automotive solutions and services that cater to diverse customer needs. With a strong market position, Tan Chong has achieved notable milestones, including expanding its manufacturing capabilities and enhancing its service network. The company is recognised for its commitment to quality and customer satisfaction, solidifying its reputation as a trusted name in the automotive sector.
DitchCarbon Score
How does Tan Chong Motor Holdings 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 Motor Vehicle Manufacturing 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
Tan Chong Motor Holdings Berhad's score of 21 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tan Chong Motor Holdings Berhad's reported carbon emissions
In 2024, Tan Chong Motor Holdings Berhad reported total carbon emissions of approximately 29,000,000 kg CO2e, comprising 5,899,320 kg CO2e from Scope 1, 23,600,460 kg CO2e from Scope 2, and 5,652,590 kg CO2e from Scope 3, specifically related to business travel. The company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 30% from a 2020 baseline by 2030. Additionally, Tan Chong is committed to achieving near-zero emissions for both Scope 1 and Scope 2 by the middle of this decade (2025). They also plan to reduce Scope 2 emissions by 30% from the same 2020 baseline by 2030. These initiatives reflect the company's proactive approach to addressing climate change and reducing its carbon footprint.
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| 2024 | |
|---|---|
| Scope 1 | 5,899,320 |
| Scope 2 | 23,600,460 |
| Scope 3 | 5,652,590 |
How Carbon Intensive is Tan Chong Motor Holdings Berhad's Industry?
How Carbon Intensive is Tan Chong Motor Holdings Berhad's Location?
Tan Chong Motor Holdings Berhad's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 16% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Tan Chong Motor Holdings 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.
Tan Chong Motor Holdings 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.
