Guan Chong Bhd

Common Name
Guan Chong
Country
Malaysia
Sector
Consumer Defensive
Industry
Confectioners
Employees
1,870
Ticker
GCB
Exchange
BURSA MALAYSIA
Description
Guan Chong Berhad is a prominent producer of cocoa-derived products, playing a crucial role in the global food supply chain. As a Malaysian-based company, it specializes in the processing of cocoa bea...

Guan Chong's GHG Emissions Data Preview

In 2023, Guan Chong completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Guan Chong has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Guan Chong's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Guan Chong amounted to 96,808 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Guan Chong decreased by 5.3%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Guan Chong's Scope 1 Emissions Over Time

2022202306.5 k13 k19.5 k26 ktCO2e-7%
  • Total Scope 1
  • Year-over-Year Change

What are Guan Chong's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Guan Chong were 23,358 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Guan Chong's Scope 1 emissions decreased by 7.02%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Guan Chong's Scope 2 emissions?

In 2023, Guan Chong reported Scope 2 greenhouse gas (GHG) emissions of 67,559 tCOâ‚‚e using the market-based method and 73,450 tCOâ‚‚e using the location-based method.

Has Guan Chong reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Guan Chong's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Guan Chong 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Guan Chong use for Scope 2 reporting?

In 2023, Guan Chong reported its Scope 2 emissions using the market-based method and using the location-based method.

Guan Chong's Scope 2 Emissions Over Time

20222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Guan Chong's Value Chain Emissions

In 2023, Guan Chong reported 2,286 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Guan Chong includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Guan Chong's Scope 3 Emissions Over Time

2022202306001.2 k1.8 k2.4 ktCO2e+23%
  • Total Scope 3
  • Year-over-Year Change

What are Guan Chong's Scope 3 emissions?

In 2023, Guan Chong reported total Scope 3 emissions of 2,286 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Guan Chong's Scope 3 emissions increased by 23.3%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Guan Chong disclose?

In 2023, Guan Chong reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Guan Chong's Scope 3 emissions?

In 2023, the largest contributors to Guan Chong's Scope 3 emissions were:

  • Employee Commuting (Cat. 7): 1,574 tCOâ‚‚e (68.85%)
  • Business Travel (Cat. 6): 712 tCOâ‚‚e (31.15%)

Guan Chong's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(31.1%)Employee Commuting(Cat. 7)(68.9%)

Insights into Guan Chong's Total Carbon Footprint

In 2023, Guan Chong reported a total carbon footprint of 99,094 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.79% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Guan Chong's total carbon footprint was Scope 2 emissions, accounting for 74.12% of the company's total carbon footprint, followed by Scope 1 emissions at 23.57%.

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