Mega First Corporation Bhd

Common Name
Mega First
Country
Malaysia
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
1,663
Ticker
MFCB
Exchange
BURSA MALAYSIA
Description
Mega First Corporation Berhad, together with its subsidiaries, engages in renewable energy, resources, and packaging businesses in Malaysia, Lao PDR, other ASEAN countries, Papua New Guinea, India, Ba...

Mega First's GHG Emissions Data Preview

In 2023, Mega First 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).

However, Mega First has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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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 Mega First's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Mega First amounted to 538,024.44 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 Mega First increased by 3.19%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Mega First's Scope 1 Emissions Over Time

20202021202220230150 k300 k450 k600 ktCO2e+2%+13%0%
  • Total Scope 1
  • Year-over-Year Change

What are Mega First's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Mega First were 486,362.93 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Mega First reduced its Scope 1 emissions over time?

Since 2020, Mega First's Scope 1 emissions have increased by 14.41%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Mega First's Scope 1 emissions remained relatively stable, indicating that Mega First's emissions have plateaued with no significant change in its operational footprint.

What are Mega First's Scope 2 emissions?

In 2023, Mega First reported Scope 2 greenhouse gas (GHG) emissions of 51,661.51 tCOâ‚‚e without specifying the calculation method.

Has Mega First reduced its Scope 2 emissions over time?

Since 2020, Mega First's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 282.14%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Mega First's Scope 2 emissions (Unspecified Calculation Method) rose by 57.86% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Mega First use for Scope 2 reporting?

In 2023, Mega First reported its Scope 2 emissions using an unspecified methodology.

Mega First's Scope 2 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Mega First's Value Chain Emissions

In 2023, Mega First reported 25,321.54 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 Mega First includes a breakdown across 0 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.

Mega First's Scope 3 Emissions Over Time

202020212022202307 k14 k21 k28 ktCO2e+48%+25%-6%
  • Total Scope 3
  • Year-over-Year Change

What are Mega First's Scope 3 emissions?

In 2023, Mega First reported total Scope 3 emissions of 25,321.54 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Mega First reduced its Scope 3 emissions over time?

Since 2020, Mega First's Scope 3 emissions have increased by 74.05%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Mega First's Scope 3 emissions remained relatively stable, indicating that Mega First 's emissions have plateaued with no significant change in its value chain footprint.

Insights into Mega First's Total Carbon Footprint

In 2023, Mega First reported a total carbon footprint of 563,345.98 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.73% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Mega First's total carbon footprint was Scope 1 emissions, accounting for 86.33% of the company's total carbon footprint, followed by Scope 2 emissions at 9.17%.

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