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Mega First Corporation Bhd

Common Name
Mega First
Country
Malaysia
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
1,619
Ticker
MFCB
Exchange
Bursa Malaysia
Description
Mega First Corporation Berhad is a diversified Malaysian investment holding company primarily known for its activities in the utilities sector, with a focus on renewable energy. The company's main bus...

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)2023202220212020-2019
Total Scope 1
486,362.93a
488,678.79a
433,621.54a
Total Scope 2
Unspecified Calculation Method
51,661.51a
32,726.55a
23,978.4a
Total Scope 3
25,321.54a
26,987.08a
21,531.84a
Total Scope 1 Revenue Intensity (tCO2e/$M)
1,698.0263a
1,608.8579a
1,975.9617a
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Verified Sources Behind Mega First’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Mega First’s data sources below and access millions more through our Disclosure Search.

a. Mega First's Annual Report 2023
b. Mega First's Annual Report 2022

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).a

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.a

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 CO₂ equivalent (tCO₂e).a

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.ab

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.a

What are Mega First's Scope 2 emissions?

In 2023, Mega First reported Scope 2 greenhouse gas (GHG) emissions of 51,661.51 tCO₂e without specifying the calculation method.a

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.ab

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 energya

What methodology does Mega First use for Scope 2 reporting?

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

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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

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.a

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 CO₂ equivalent (tCO₂e).a

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.ab

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.a

Insights into Mega First’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Mega First reported Scope 1 greenhouse gas (GHG) emissions of 486,362.93 tCO₂e and total revenues of USD 286 millions. This translates into an emissions intensity of 1,698.03 tCO₂e per millions USD.a

Mega First's Scope 1 Emissions Intensity Compared to Peers

250050,00010,000,0002,000,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)Eversource EnergyYear: 2024Scope 1: 153,699 tCO2eRevenue: $M 11,901Scope 1 Intensity: 12.92 tCO2e/$MCenterPoint EnergyYear: 2023Scope 1: 5,170,862 tCO2eRevenue: $M 8,696Scope 1 Intensity: 594.63 tCO2e/$MEdison InternationalYear: 2024Scope 1: 1,100,000 tCO2eRevenue: $M 17,599Scope 1 Intensity: 62.50 tCO2e/$MFortisYear: 2024Scope 1: 8,069,000 tCO2eRevenue: $M 8,000Scope 1 Intensity: 1,008.62 tCO2e/$MPOWERGRIDYear: 2025Scope 1: 49,785 tCO2eRevenue: $M 5,360Scope 1 Intensity: 9.29 tCO2e/$MAmerenYear: 2023Scope 1: 19,883,180 tCO2eRevenue: $M 7,500Scope 1 Intensity: 2,651.09 tCO2e/$MDTE EnergyYear: 2024Scope 1: 24,216,000 tCO2eRevenue: $M 12,457Scope 1 Intensity: 1,943.97 tCO2e/$MCEZYear: 2025Scope 1: 14,110,741 tCO2eRevenue: $M 15,275Scope 1 Intensity: 923.77 tCO2e/$MWEC Energy GroupYear: 2024Scope 1: 19,060,000 tCO2eRevenue: $M 8,600Scope 1 Intensity: 2,216.30 tCO2e/$MPG&EYear: 2023Scope 1: 3,730,000 tCO2eRevenue: $M 24,428Scope 1 Intensity: 152.69 tCO2e/$MPSEGYear: 2024Scope 1: 581,556 tCO2eRevenue: $M 10,290Scope 1 Intensity: 56.52 tCO2e/$MNTPCYear: 2025Scope 1: 326,959,946 tCO2eRevenue: $M 22,020Scope 1 Intensity: 14,848.53 tCO2e/$MConsolidated EdisonYear: 2024Scope 1: 2,587,000 tCO2eRevenue: $M 15,256Scope 1 Intensity: 169.57 tCO2e/$MEndesaYear: 2025Scope 1: 10,330,167 tCO2eRevenue: $M 24,712Scope 1 Intensity: 418.02 tCO2e/$MExelonYear: 2024Scope 1: 434,000 tCO2eRevenue: $M 23,028Scope 1 Intensity: 18.85 tCO2e/$MXcel EnergyYear: 2024Scope 1: 32,660,000 tCO2eRevenue: $M 13,441Scope 1 Intensity: 2,429.88 tCO2e/$MEntergyYear: 2024Scope 1: 43,184,692 tCO2eRevenue: $M 11,880Scope 1 Intensity: 3,635.18 tCO2e/$MDominion EnergyYear: 2024Scope 1: 31,862,016 tCO2eRevenue: $M 14,459Scope 1 Intensity: 2,203.61 tCO2e/$MAmerican Electric PowerYear: 2024Scope 1: 46,900,437 tCO2eRevenue: $M 19,721Scope 1 Intensity: 2,378.16 tCO2e/$MNational GridYear: 2025Scope 1: 4,467,000 tCO2eRevenue: $M 23,778Scope 1 Intensity: 187.86 tCO2e/$MDuke EnergyYear: 2024Scope 1: 79,147,000 tCO2eRevenue: $M 30,357Scope 1 Intensity: 2,607.21 tCO2e/$MSouthernYear: 2024Scope 1: 79,253,082 tCO2eRevenue: $M 26,724Scope 1 Intensity: 2,965.61 tCO2e/$MNextera EnergyYear: 2024Scope 1: 43,409,916 tCO2eRevenue: $M 24,753Scope 1 Intensity: 1,753.72 tCO2e/$MElmera GroupYear: 2024Scope 1: 3 tCO2eRevenue: $M 1,077Scope 1 Intensity: 0.00 tCO2e/$MTenaga NasionalYear: 2024Scope 1: 38,750,000 tCO2eRevenue: $M 12,689Scope 1 Intensity: 3,053.92 tCO2e/$MMega FirstYear: 2023Scope 1: 486,363 tCO2eRevenue: $M 286Scope 1 Intensity: 1,698.03 tCO2e/$M

How does Mega First's GHG emissions intensity compare to its peers?

In 2023, Mega First reported a Scope 1 emissions intensity of 1,698.03 tCO₂e per millions USD. Compared to the peer group median of 1,008.62, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Mega First rank on GHG emissions intensity within its industry?

In 2023, Mega First ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Mega First is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Mega First's Total Carbon Footprint

In 2023, Mega First reported a total carbon footprint of 563,345.98 metric tons of CO₂ equivalent (tCO₂e) 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.a

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%.a

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