KANGER INTERNATIONAL BERHAD
Malaysia | 0170.KL | ACE
Reference
Report Year: 2024
Source Files: Kanger_Annual_Report_2024_(Part_1).pdf
Sustainability Committee
Sustainability Working Group (Unknown pax) 🟢
- Formulated plans 🟢
- Performance monitoring 🟢
Reporting
Bursa Securities Guide, Integrated Report 🟢
GHG Accounting
Kanger International Berhad's GHG accounting in the 2024 report is underdeveloped. No quantitative data on Scope 1, 2, or 3 emissions is provided, and key elements such as base year, boundary, and verification status are absent. The report acknowledges energy consumption as a contributor to greenhouse gas emissions but lacks specifics on measurement or reduction targets. Significant improvement is needed in adopting a recognized standard like GHG Protocol, establishing a baseline, and disclosing absolute emission figures. Third-party verification would enhance credibility. While the commitment to reducing electricity and water usage is noted, without measurable outcomes, the environmental impact remains unclear. Prioritizing detailed GHG inventory reporting is essential for transparency.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No specific data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No specific data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Electricity reduction commitment 🟢
- Waste recycling initiatives 🟢
- Power-saving tech adopted 🌞
Social Highlights
- PPE for workers 🟢
- Fire drills conducted 🟢
- Employee training programs 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Enhancement in Kanger International Berhad’s 2024 sustainability report 🟢. The report demonstrates a foundational commitment to sustainability with the formation of a Sustainability Working Group and alignment with Bursa Securities’ guidelines. However, it lacks quantifiable actions and measurable outcomes, particularly in GHG emissions and environmental impact metrics ⚠️. Generic statements like 'committed to reducing electricity usage' are present, but without specific data or targets, their impact is unclear. Forward-looking commitments or forecasting are also absent. To improve, the company should incorporate specific metrics (e.g., emission reduction percentages), adopt international frameworks like GRI or TCFD, and pursue third-party verification for credibility. Enhancing stakeholder engagement details and social impact numbers would further strengthen the report. Overall, it provides a starting point but requires deeper substance.
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