HLI’s reporting boundary as of now is as follows:
HLI Berhad has tracked greenhouse gas (GHG) emissions since FY2019. In order to improve accuracy and consistency, we enlisted a third-party consultant for thorough verification of Scope 1 and 2 GHG emissions. For FY2023, we expanded our reporting to include a breakdown of Scope 3 GHG emissions, focusing on business travel and employee commuting, with respective emissions of 497 tCO2eq and 2,919 tCO2eq, totaling 3,416 tCO2eq. The results for FY2023 GHG emissions are shown below:
Note: The above total GHG emissions has been adjusted for the conversion factors and minor additions to emission sources as well as inclusion of Scope 3 data compared to the figures reported in the Annual Report 2023.
In FY2024, a review will be conducted to enhance HLI’s decarbonisation roadmap and targets.
HLI’s current target, set in FY2022, is to achieve a 30% reduction in energy intensity and carbon emissions intensity by FY2025 against the baseline year of FY2019.