Mega First Corporation Bhd 2024 SR

The report for Mega First Corporation Berhad (MFCB) highlights the group's transition to group-level reporting in 2024, covering divisions like Renewable Energy, Resources, and Packaging. Key achievements include the completion of a fifth turbine at the Don Sahong Hydropower Project, increasing capacity to 325MW, and the inclusion of MFCB in the FTSE4Good Index Series. The company achieved a 23% reduction in GHG emissions intensity compared to 2022 and formalised its commitment to net zero by 2050. Social initiatives focused on community development, with RM542,526 invested in education, infrastructure, and livelihoods, benefiting over 186,000 people. Additionally, 80% of Tier 1 suppliers have signed the Responsible Sourcing Policy.

Company: Mega First Corporation Bhd

Sector: Utilities

Country: Malaysia

Year: 2024

Type: SR

Pages: 43

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Mega First Corporation Bhd

Mega First Corporation Bhd 2024 Sustainability Report

Sustainability Report

The report for Mega First Corporation Berhad (MFCB) highlights the group's transition to group-level reporting in 2024, covering divisions like Renewable Energy, Resources, and Packaging. Key achievements include the completion of a fifth turbine at the Don Sahong Hydropower Project, increasing capacity to 325MW, and the inclusion of MFCB in the FTSE4Good Index Series. The company achieved a 23% reduction in GHG emissions intensity compared to 2022 and formalised its commitment to net zero by 2050. Social initiatives focused on community development, with RM542,526 invested in education, infrastructure, and livelihoods, benefiting over 186,000 people. Additionally, 80% of Tier 1 suppliers have signed the Responsible Sourcing Policy.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees