Capital A Berhad
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:6,036,692.6 tonnes (Scope 1: 4,829,216.0, Scope 2: 9,971.6, Scope 3: 1,180,000)
Scope 1 Emissions:4,829,216.0 tCO2e
Scope 2 Emissions:9,971.6 tCO2e
Scope 3 Emissions:1,180,000 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:20,362,567 MWh
Water Consumption:102,067 m3
Waste Generated:1,003.1 tonnes
Carbon Intensity:74 gCO2/RPK
ESG Focus Areas
- Net Zero Emissions
- People and Talent
- Communities
- Circular Economy
Environmental Achievements
- Carbon intensities dropped below pre-pandemic levels
- 129,469 tonnes CO2 avoided through fuel efficiency programmes
- 49% waste diverted from disposal
- 1,715 life jackets upcycled
Social Achievements
- 100% retrenched Allstars back into operations
- Increased female pilot representation to 7% from 6.6%
- Increased women in leadership positions in aviation arm to 15.2% from 10.5%
- Increased women in IT to 23.9% from 17.7% in 2022
- Launched a fresh approach to communicating sustainability and net zero commitments
Governance Achievements
- Published the Group’s Sustainability Policy
- Appointed the Group’s Chief Sustainability Officer
- Officially a TCFD supporter
- Introduced the Group’s Diversity Recruitment Guidelines
- Appointed to the ICAO Committee on Aviation Environmental Protection Experts’ Working Group
- Appointed as an adviser on the national climate change advisory panel
- CAPA Gold Environmental Sustainability Rating
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050
Medium-term Goals:
- Invest in Sustainable Aviation Fuel for utilisation in the near future
- Achieve 15% renewable energy share in power consumption mix by 2026
- Achieve 30% renewable energy by 2030
Short-term Goals:
- Cap emissions at 85% of 2019 levels by 2026
- Reduce waste to landfill by 10% per annum by 2026
- Achieve a minimum of 30% women representation across all employee levels including the Board by 2026
Environmental Challenges
- Global shortage of skilled manpower, parts and maintenance slots
- Climate change events
- Supply chain issues
- Meeting customers’ demands
- Managing waste
- Gender imbalances within the industry
Mitigation Strategies
- Developed alternative sourcing strategies
- Enhanced BCPs to address heatwaves, floods and wildfires
- Leveraging technology and improving interfaces
- Implementing a carbon offset programme
- Implementing a carbon fee
- Investing in carbon reduction initiatives
- Implementing Diversity Recruitment Guidelines
- Introducing unconscious bias training
Supply Chain Management
Supplier Audits: Annual evaluations on critical suppliers
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
- Floods
- Wildfires
- Heatwaves
Transition Risks
- Regulatory changes
- Market shifts
- New technology rendering existing assets obsolete
Opportunities
- Development of energy-efficient products
- Shift to SAF
- Resource efficiency
- Attract travellers keen to minimise their carbon footprint
Reporting Standards
Frameworks Used: GRI Standards 2021, FTSE4Good Bursa Malaysia (F4GBM) Index, Dow Jones Sustainability Index (DJSI), Task Force on Climate-related Financial Disclosures (TCFD), United Nations’ Sustainable Development Goals (UN SDGs), Malaysian Code on Corporate Governance (MCCG), Bursa Malaysia Securities Berhad’s Main Market Listing Requirements on Sustainability Statements
Certifications: ISO 9001:2015, ISO 45001:2018, ISO 22000, ISO/IEC 27001:2023
Third-party Assurance: Capital A’s internal audit department
UN Sustainable Development Goals
- Goal 5 (gender equality)
- Goal 8 (decent work and economic growth)
- Goal 13 (climate action)
- Goal 14 (life below water)
- Goal 15 (life on land)
See descriptions throughout the report
Sustainable Products & Innovation
- AEROTRADE
- Plant-based meals
- Reusable canvas covers
Awards & Recognition
- CAPA Gold Environmental Sustainability Rating
- FTSE4Good Bursa Malaysia Index
- Bloomberg Gender Equality Index
- HR Asia Best Companies to Work for in Asia 2023
- Organization Promoting Employment of People with Disabilities Award 2023
- Malaysia Best Employer Brand Awards 2023
- Stellar Workplace Award 2023
- Best Talent Acquisition Team