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140 MSM MALAYSIA HOLDINGS BERHAD WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOW WE OPERATE
ANNUAL INTEGRATED REPORT 2021
ENVIRONMENT
INITIATIVES
Concerted energy management plans such as the alternative MSM’s GHG Emissions
energy initiatives, and improving on energy and production
efficiencies across our operations need to be optimised As we work to enhance our GHG inventory and develop
to contribute to not just help us reduce costs but towards a climate change framework, we are also assessing our
reducing our carbon footprint as well. standards on GHG disclosures to apply a consistent approach
in consolidating our data. For this year’s report, we compiled
By FY2022, we intend to initiate a comprehensive review our GHG emissions data as follows:
of our GHG inventory that would identify and capture key
emissions from all entities across the Group that come directly Scope 1 (CO emissions) (tonnes)
under MSM’s operational control as part of our upcoming 2
Climate Action and Environment Protection initiatives.
We intend to incorporate climate action measures into our 259,059.1 251,522.5 216,513.4
business strategy and action plans, and will continue to adapt
the way we conduct our businesses to avert the adverse
impacts of climate change.
In FY2022, MSM will actively seek to join and participate 2019
with other organisations such as the United Nations Global 2020
Compact Network Malaysia and the Climate Governance 2021
Malaysia that support climate change related initiatives,
to demonstrate MSM’s support and commitment in Scope 1 includes direct GHG CO emissions generated from
2
mitigating climate-related risks. MSM is also considering our own generated electricity, diesel used for own production,
alignment of our GHG emissions with commitments to the logistics fleet and natural gas consumption. Scope 1 GHG CO
2
Science-Based Targets initiatives as well as aligning our emissions reduced by 14% in FY2021 due to the reduction
disclosures to the recommendations of the Task force on in natural gas usage and self-generated electricity in the
Climate-related Financial Disclosures (TCFD) in the near future. production.
Upcoming Scope 2 (CO emissions) (tonnes)
2
Review and Climate Commitment to
update of GHG Action reducing carbon 33,165.3 32,901.1 34,535.8
inventory Plan emissions
2019
2020
2021
Scope 2 covers indirect GHG CO emissions generated from
2
total purchased electricity. Scope 2 GHG CO emissions
2
increased in FY2021 as MSM recorded an 5% rise in
purchased electricity due to more intensive production
during the year.