Sustainability Report
Targets for Managing Climate-Related Risks and Opportunities
Royal Selangor has set clear targets to address CO 2 emissions for Scope 1, as detailed in Table 10.5.3.
Managing climate commitment against target for Scope 1
Scope 1: Direct GHG Emissions Climate Commitment
Year 2024 - 2030 Climate commitment Reduction of 150 TCO 2 e
Year 2030 - 2040 Climate commitment Reduction of 250 TCO 2 e
Initiatives for short term target
Initiatives for medium term target
EV - Conversion to fully electric forklift - Conversion to electric vehicles for shuttle transportation Clean Energy Drive - Existing solar panels - Set up standalone solar panels with batteries. - Green energy tariff (GET) from TNB
EV - Conversion to electric vehicles for product distribution Clean Energy Drive - Existing solar panels - Set up standalone solar panels with batteries. - Green energy tariff (GET) from TNB
Regulatory and Mandatory Disclosures
As Royal Selangor is not a publicly listed company under the jurisdiction of Bursa Malaysia, it is not subject to the regulatory and mandatory disclosure requirements set by Bursa Malaysia.
Targets for Managing Scope 2 Climate-Related Risks and Opportunities
Royal Selangor has outlined initiatives to address CO 2 emissions for Scope 2, covering short-term, medium term, and long-term targets, as shown in Table 10.5.4.
Managing climate commitment against target for Scope 2
Scope 2: Indirect GHG Emissions (purchase of electricity) Climate Commitment
Year 2024 - 2030 Climate commitment Reduction of 850 TCO 2 e
Year 2030 - 2040 Climate commitment Reduction of 750 TCO 2 e
Year 2040 - 2050 Climate commitment Reduction of 1000 TCO 2 e
Initiatives for short term target
Initiatives for med term target
Initiatives for long term target
Energy Efficiency Drive
Energy Efficiency Drive
Carbon Capture - Adopt new carbon capture technology
- Replace existing air conditioners with Variable Refrigerant Volume (VRV) concept
- Adopting green building concept
- Better insulators for electric casting pots
- Green energy tariff (GET) from TNB
- Energy efficient projects using the data logger.
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