Sime Darby Bhd

Common Name
Sime Darby
Country
Malaysia
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
30,000
Ticker
SIME
Exchange
BURSA MALAYSIA
Description
Sime Darby Berhad is a diversified multinational conglomerate headquartered in Malaysia, renowned for its extensive operations across various sectors. Founded in 1910, the company has evolved into one...

Sime Darby's Climate Target Data Preview

As of 2024, Sime Darby has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Sime Darby ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

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Insights into Sime Darby's Greenhouse Gas Emissions Pathways

As of 2024, Sime Darby has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Sime Darby have a target to reduce the emissions from its operations?

As of 2024, Sime Darby has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Sime Darby's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 160,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing operational emissions, Sime Darby has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

Sime Darby's Operational (Scope 1+2) Emissions Pathway

202020242030045 k90 k135 k180 kCurrent (+5%)Target 2030 (-30%)
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