ASIA POLY HOLDINGS BERHAD

Malaysia | 0105.KL | ACE

By Sustify.world AI model | 2025-05-25
Asia Poly Holdings Berhad, an investment holding company, engages in the manufacture and sale of cell cast acrylic sheets. The company operates through Investment Holdings, Manufacturing, Trading, Property Development, Renewable Energy, and Others segments. It offers cell cast acrylic products under the A-Cast brand for use in building, food industry/catering, domestic, transport, medical, and miscellaneous applications. The company is involved in the land or property development, and construction activities; electronic and electric wire, cables, and components for electric vehicle; operates power plants; manufactures wire and cable products; trading of chemical materials; and generation and sale of renewable energy. In addition, the company engages in the supplying, designing, manufacturing, and installing of acrylic panel systems; manufacturing and processing of palm oil mill waste into fertilizer, as well as secondary palm oil and fiber products; and sale of power and electricity. It serves Malaysia, the Middle East, Europe, the United States, India, and internationally. The company exports its product. Asia Poly Holdings Berhad was founded in 1992 and is based in Petaling Jaya, Malaysia.

Reference

Report Year: 2023
Source Files: Asia_Poly_AR_2023_(Bursa).md

Sustainability Committee

Sustainability Committee (Unknown pax) 🟢

  • Bi-annual reporting 🟢

Reporting

Integrated Report, No specific framework mentioned ⚠️

GHG Accounting

ASIA POLY HOLDINGS BERHAD's 2023 sustainability report lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, nor any mention of a base year, boundary, or inventory. Key elements such as GWP basis, standards (e.g., GHG Protocol), data collection methods, and third-party verification are absent. While the report identifies energy and emissions as material matters, it fails to provide quantifiable metrics or progress updates. A significant improvement would be to establish a comprehensive GHG inventory, adopt recognized standards, and seek third-party verification to enhance credibility and transparency in future reports.

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 ⚠️
  • Third party verification: Not reported ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • No data ⚠️
  • No data ⚠️
  • No data ⚠️
  • No data ⚠️

Social Highlights

  • Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

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

Report Quality

Room for Improvement in ASIA POLY HOLDINGS BERHAD's 2023 sustainability report. While the company demonstrates a commitment to sustainability through the establishment of a Sustainability Committee and bi-annual reporting to the Board 🟢, the report lacks quantifiable actions and measurable outcomes. Key areas such as GHG emissions, waste management, and social initiatives are identified as material matters, but there are no specific metrics or progress updates to substantiate claims. Forward-looking commitments or targets (e.g., net-zero goals) are also absent ⚠️. The reliance on generic statements like 'embedding sustainability practices' without evidence limits the report's credibility. To enhance future reports, the company should incorporate specific data, adopt recognized frameworks like GRI or TCFD, and consider third-party verification for transparency and accountability. A more detailed approach will strengthen stakeholder trust.

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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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