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.
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.
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.
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.
In 2024, Pantech Group Holdings Berhad reported total carbon emissions of approximately 24,224,000 kg CO2e, comprising about 2,870,000 kg CO2e from Scope 1 emissions and about 19,648,000 kg CO2e from Scope 2 emissions. This marks an increase from 2023, when the company recorded total emissions of about 23,030,000 kg CO2e, with Scope 1 emissions at approximately 2,651,000 kg CO2e and Scope 2 emissions at about 20,379,000 kg CO2e. Pantech's emissions data indicates a focus on direct and indirect emissions, as no Scope 3 emissions data has been disclosed. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). Overall, Pantech Group Holdings Berhad's climate commitments appear to be in the early stages, with no significant reduction initiatives or pledges currently reported. The company operates within the Malaysian context, where industrial emissions are a growing concern, and further commitments may be necessary to align with global climate goals.
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.