MI Technovation Bhd

Common Name
MI Technovation
Country
Malaysia
Sector
Technology
Industry
Semiconductor Equipment & Materials
Employees
N/A
Ticker
MI
Exchange
BURSA MALAYSIA
Description
Mi Technovation Bhd is a dynamic player in the technology sector, specializing in the development and manufacturing of semiconductor equipment. Primarily, the company serves the assembly and testing p...

MI Technovation's GHG Emissions Data Preview

In 2023, MI Technovation 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).

MI Technovation has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Unspecified Calculation Method
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

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 MI Technovation's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of MI Technovation amounted to 3,683.596 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 MI Technovation decreased by 6.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

MI Technovation's Scope 1 Emissions Over Time

202120222023020406080tCO2e+31%-13%
  • Total Scope 1
  • Year-over-Year Change

What are MI Technovation's Scope 1 emissions?

In 2023, the total Scope 1 emissions of MI Technovation were 67.786 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has MI Technovation reduced its Scope 1 emissions over time?

Since 2021, MI Technovation's Scope 1 emissions have increased by 14.07%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), MI Technovation's Scope 1 emissions decreased by 12.96%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are MI Technovation's Scope 2 emissions?

In 2023, MI Technovation reported Scope 2 greenhouse gas (GHG) emissions of 3,615.809 tCOâ‚‚e without specifying the calculation method.

Has MI Technovation reduced its Scope 2 emissions over time?

Since 2021, MI Technovation's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 18.62%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), MI Technovation's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that MI Technovation 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does MI Technovation use for Scope 2 reporting?

In 2023, MI Technovation reported its Scope 2 emissions using an unspecified methodology.

MI Technovation's Scope 2 Emissions Over Time

20212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into MI Technovation's Value Chain Emissions

In 2023, MI Technovation reported 4,659.049 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 MI Technovation includes a breakdown across 6 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.

MI Technovation's Scope 3 Emissions Over Time

20212022202302 k4 k6 k8 ktCO2e+16%-28%
  • Total Scope 3
  • Year-over-Year Change

What are MI Technovation's Scope 3 emissions?

In 2023, MI Technovation reported total Scope 3 emissions of 4,659.049 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.

Has MI Technovation reduced its Scope 3 emissions over time?

Since 2021, MI Technovation's Scope 3 emissions have decreased by 16.69%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), MI Technovation's Scope 3 emissions decreased by 27.92%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does MI Technovation disclose?

In 2023, MI Technovation reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of MI Technovation's Scope 3 emissions?

In 2023, the largest contributors to MI Technovation's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 4,482.4 tCOâ‚‚e (96.21%)
  • Employee Commuting (Cat. 7): 93.229 tCOâ‚‚e (2%)
  • Business Travel (Cat. 6): 60.932 tCOâ‚‚e (1.31%)

MI Technovation's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(96.2%)Employee Commuting(Cat. 7)(2.0%)Business Travel(Cat. 6)(1.3%)

Insights into MI Technovation's Total Carbon Footprint

In 2023, MI Technovation reported a total carbon footprint of 8,342.645 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.94% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to MI Technovation's total carbon footprint was Scope 3 emissions, accounting for 55.85% of the company's total carbon footprint, followed by Scope 2 emissions at 43.34%.

Want Full Access to MI Technovation's GHG Emissions Dataset?
Sign Up