ANCOM LOGISTICS BERHAD

Malaysia | 0048.KL | ACE

By Sustify.world AI model | 2025-05-25
Ancom Logistics Berhad, an investment holding company, engages in the logistics business in Malaysia, Singapore, and rest of Asia. The company operates in two segments, Logistics and Other. It provides rental and transportation services; and freight forwarding, packaging, and crafting services. The company also owns, builds, operates, leases, and manages a chemical tank farm and terminal located in West Port, Port Klang. In addition, it owns and operates a fleet of chemical road tankers; and offers bulk liquid chemicals land transportation services. The company was formerly known as Tamco Corporate Holdings Berhad and changed its name to Ancom Logistics Berhad in November 2009. The company was incorporated in 1966 and is headquartered in Petaling Jaya, Malaysia.

Reference

Report Year: 2023
Source Files: ALB_AR2023.md

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No Specific Framework Mentioned ⚠️

GHG Accounting

ANCOM Logistics Berhad's 2023 sustainability report lacks detailed GHG accounting. There is a general commitment to minimizing emissions through measures like vehicle maintenance and driver training to avoid idling, but no specific data on Scope 1, 2, or 3 emissions is provided. Additionally, critical elements such as base year, boundary, GWP basis, or third-party verification are absent. The report does not mention biomass or biofuel usage, so biogenic emissions are not applicable. To improve, the company should establish a comprehensive GHG inventory, adopt recognized standards like the GHG Protocol, and consider third-party verification for credibility. Quantifiable targets and detailed emission data would strengthen their environmental accountability.

Emissions

Scope Value Note
Scope1 Not reported ⚠️ No data on Scope 1 emissions provided.
Scope2 Not reported ⚠️ No data on Scope 2 emissions provided.
Scope3 Not reported ⚠️ No data on Scope 3 emissions provided.
Biogenic emissions Not applicable → No biomass or biofuel usage reported.

Other Details

  • Base year: Not reported ⚠️
  • Boundary inventory: Not reported ⚠️
  • Gwp basis: Not reported ⚠️
  • Standard: Not reported ⚠️
  • Data collection approach: Not reported ⚠️
  • Third party verification: Not reported ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • Driver training to reduce emissions 🟢
  • Recycling of materials 🟢
  • Energy-saving lightbulbs 🌞
  • Green procurement practices 🌱

Social Highlights

  • Internships for students 🥗
  • Community outreach programs 🥗
  • Charitable contributions 🥗
  • Safety drills for employees 🟢
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can't find ⚠️
  • Litigation: Can't find ⚠️

Report Quality

Appreciable initial steps are evident in ANCOM Logistics Berhad's 2023 sustainability report, with a clear commitment to environmental and social responsibility 🟢. The report highlights efforts such as driver training to reduce emissions, recycling initiatives, and community engagement programs. However, it falls short on quantifiable actions and measurable outcomes ⚠️. Key metrics like GHG emissions data, reduction targets, or third-party verification are absent, and much of the content remains generic, lacking evidence of impact or specificity. There are no forward-looking commitments, such as net-zero targets or timelines for improvement. To enhance future reports, the company should incorporate specific, measurable goals, adopt international reporting frameworks like GRI or TCFD, and provide verified data. This would build a stronger foundation for transparency and accountability in their sustainability journey.

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This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.

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