KELINGTON GROUP BERHAD
Malaysia | 0151.KL | Main
Reference
Report Year: 2023
Source Files: Annual_Report_2023_Part_1.pdf, Annual_Report_2023_Part_2.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Strategic planning meetings 🟢
- 2 meetings 🟢
- Environmental tracking 🟢
Reporting
TCFD, Integrated Report 🟢
GHG Accounting
Kelington Group Berhad demonstrates a structured approach to GHG accounting, categorizing emissions into Scope 1, 2, and 3 as per the GHG Protocol. In 2023, Scope 1 emissions were 12,495 tCO₂e, Scope 2 at 3,807 tCO₂e, and Scope 3 at 24,137 tCO₂e, showing a 15.4% reduction in total emissions from 2022. Carbon intensity improved by 35.5% to 492 tCO₂e/RM million EBITDA, reflecting efficiency gains. However, Scope 3 data remains incomplete due to challenges in sourcing information from value chain partners. The lack of third-party verification undermines credibility. Improvement is needed in comprehensive Scope 3 reporting and external assurance to align with best practices and support their net-zero target by 2050.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 12,495 tCO₂e 🟢 | Direct emissions from manufacturing and tankers |
| Scope2 | 3,807 tCO₂e 🟢 | Indirect emissions from purchased electricity |
| Scope3 | 24,137 tCO₂e 🟢 | Partial data; challenges in full quantification |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2020
- Boundary inventory: Operational control across Malaysia, China, Singapore, Taiwan
- Gwp basis: DEFRA (UK Government GHG Conversion Factors)
- Standard: GHG Protocol
- Data collection approach: Digitalisation and cloud-based tools for ESG data management
- Third party verification: Not verified ⚠️
- Carbon intensity: 492 tCO₂e/RM million EBITDA 🟢
Efforts
- 35.5% intensity reduction 🟢
- 28.2% Scope 3 reduction 🟢
- 47 tonnes recycled 🟢
- 67.6% waste intensity reduction 🟢
- Solar power: 13,908 kWh 🌞
- Wastewater & gas solutions 🌱
Social Highlights
- 0 fatalities 🟢
- 28.6% female executives 🟢
- 5 students supported 🥗
- Earth Hour & Day events 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable transparency in Kelington's 2023 sustainability report with detailed GHG emissions data and a clear commitment to net-zero by 2050 🟢. The report excels in providing quantifiable metrics, such as a 35.5% reduction in carbon intensity and a 28.2% drop in Scope 3 emissions, showcasing measurable outcomes. The adoption of the TCFD framework for climate disclosures is a strong point. However, the lack of third-party verification for emissions data is a notable gap ⚠️, reducing credibility. Additionally, while forward-looking commitments like net-zero targets exist, some statements on social impact remain generic without specific outcomes. Kelington could enhance its reporting by incorporating external assurance for data accuracy and providing more detailed social impact metrics. Overall, the report lays a solid foundation but would benefit from deeper validation and specificity in non-environmental areas.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
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.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.