Pantech Group Holdings Berhad
Pantech Group Holdings Berhad, commonly known as Pantech, is a prominent Malaysian company headquartered in Kuala Lumpur. Established in 1981, Pantech has evolved into a key player in the manufacturing and distribution of pipes, fittings, and valves, primarily serving the oil and gas, petrochemical, and marine industries. With a strong operational presence across Southeast Asia, Pantech is recognised for its commitment to quality and innovation, offering a diverse range of products that include carbon steel and stainless steel pipes. The company has achieved significant milestones, including ISO certifications and strategic partnerships, solidifying its market position as a trusted supplier. Pantech's dedication to excellence and customer satisfaction continues to drive its success in the competitive industrial landscape.
DitchCarbon Score
How does Pantech Group Holdings Berhad's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Pantech Group Holdings Berhad's score of 7 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pantech Group Holdings Berhad's reported carbon emissions
In 2024, Pantech Group Holdings Berhad reported total carbon emissions of approximately 24,224,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 2,870,000 kg CO2e, while Scope 2 emissions were significantly higher at approximately 19,648,000 kg CO2e. Additionally, Scope 3 emissions from business travel were reported at around 1,706,000 kg CO2e. In the previous year, 2023, the company recorded total emissions of about 23,030,000 kg CO2e in Malaysia, with Scope 1 emissions at approximately 2,651,000 kg CO2e and Scope 2 emissions at around 20,379,000 kg CO2e. This indicates a slight increase in total emissions from 2023 to 2024. Pantech Group has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. Overall, Pantech Group Holdings Berhad's emissions data reflects a significant carbon footprint, particularly in Scope 2 emissions, highlighting the importance of addressing energy consumption in their operations to meet future sustainability goals.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,585,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Pantech Group Holdings Berhad is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
