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Financial Intermediation
MY
updated 6 days ago

Westports Holdings

Company website

Westports Holdings Berhad, headquartered in Port Klang, Malaysia, is a leading player in the port and logistics industry. Established in 1994, the company has grown to become a pivotal hub for container handling and logistics services in Southeast Asia. Specialising in port operations, Westports offers a range of services including container terminal operations, cargo handling, and logistics solutions. Its strategic location and advanced infrastructure set it apart, enabling efficient connectivity for global trade. Recognised for its operational excellence, Westports has achieved significant milestones, including being one of the largest container ports in Malaysia. With a commitment to innovation and sustainability, Westports Holdings continues to strengthen its market position, contributing to the growth of the regional economy.

DitchCarbon Score

How does Westports Holdings'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.

43

Industry Average

Mean score of companies in the Financial Intermediation 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.

28

Industry Benchmark

Westports Holdings's score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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Westports Holdings's reported carbon emissions

In 2023, Westports Holdings, headquartered in Malaysia, reported total carbon emissions of approximately 180,043,000 kg CO2e, comprising 134,243,000 kg CO2e from Scope 1 and 45,800,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, including 36,516,000 kg CO2e from downstream leased assets and 10,553,000 kg CO2e from purchased goods and services. Comparatively, in 2022, Westports Holdings recorded total emissions of about 182,830,000 kg CO2e, with Scope 1 emissions at 133,165,000 kg CO2e and Scope 2 emissions at 49,664,000 kg CO2e. The Scope 3 emissions for that year included 42,541,000 kg CO2e from downstream leased assets. Despite these figures, Westports Holdings has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The absence of documented reduction initiatives suggests a need for further development in their climate strategy. Overall, Westports Holdings is actively disclosing its emissions data, which is crucial for transparency and accountability in addressing climate change, but it currently lacks defined reduction goals to guide its future efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
Scope 1
121,878,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
56,752,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
0,000,000
00,000,000
000,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Westports Holdings's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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 Westports Holdings 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.

Westports Holdings 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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Where does DitchCarbon data come from?

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