Companies draw up plans for net-zero

In their plans, they show a strong awareness and determination to reach this target and improve their environmental footprint; some have tapped into opportunities arising from this transition.> climate change; to reduce carbon emissions by 20% by 2025, halve it by 2030 and achieve net-zero by 2050.

Up to 70% of SDP’s footprint for non-Flag scope one and two emissions come from methane produced from mill effluent. . PMB Technology is in a strong position as a high proportion of its electricity consumption is from a renewable source – hydroelectricity, said PMB Technology CEO Koon Poh Ming. The Ses segment of KAB is now contributing directly to alleviating the impact of global climate change and its impact on communities, with various projects spanning renewable and clean energy generation – solar, waste-to-energy and co-generation, said KAB managing director Datuk Lai Keng Onn.

KAB’s base year emissions are 1,756 tCO2e for scope one; 59.3 tCO2e for scope two, and this shall be its starting point where KAB will track the annual reduction until it achieves net-zero.In terms of climate change, Nestle, under its Project RELeaf, has committed to planting three million trees across Malaysia, and is well on track to achieve its target by 2024.

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