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Sime Darby Bhd 2024 Annual Report with Sustainability Disclosures
Company: Sime Darby Bhd
Sector: Wholesale & retail
Country: Malaysia
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 309
The report records strong FY2024 growth, with revenue rising 39% to RM67.1 billion, alongside the acquisition of UMW and the expansion of the Group's Malaysian automotive business. It states a Group net-zero carbon emissions commitment across its portfolio by 2050 and retains a 30% Scope 1 and 2 reduction target for 2030 from a 2020 baseline. Sustainability progress included increased solar capacity that generated 7.1GWh of renewable energy and avoided approximately 3,900 tCO2-e emissions.
Indicators available in this report: