TASHIN HOLDINGS BERHAD
Malaysia | 0211.KL | ACE
Reference
Report Year: 2023
Source Files: THB-Annual_Report_2023.pdf
Sustainability Committee
Sustainability Committee (3 pax) 🟢
- Oversees strategy 🟢
- Board reporting 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Tashin Holdings Berhad has made a commendable start in GHG accounting by disclosing Scope 1 (161.7 tCO₂e), Scope 2 (1,371.1 tCO₂e), and Scope 3 (27,358.8 tCO₂e) emissions for FY2023, with clear boundary definitions covering business operations and subsidiaries. The use of recognized emission factors (e.g., EPA, UNFCCC) adds credibility to the data. However, third-party verification is absent, which limits assurance of accuracy. Additionally, carbon intensity metrics are not reported, missing a key performance indicator for efficiency. The company should prioritize external validation of data and include intensity metrics to benchmark progress. Establishing a base year for tracking reductions and explicitly stating the GHG standard used would further strengthen reporting. Overall, this is a solid foundation but requires deeper rigor for comprehensive climate impact assessment.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 161.7 tCO₂e 🟢 | |
| Scope2 | 1,371.1 tCO₂e 🟢 | |
| Scope3 | 27,358.8 tCO₂e 🟢 | |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Includes business operations and subsidiaries; Scope 1 (mobile emissions, factory utilities), Scope 2 (grid electricity), Scope 3 (purchased goods, capital, upstream transport, business travel, employee commuting)
- Gwp basis: EPA GHG Emission Factors Hub, UNFCCC Harmonised Grid Factors 2021, Supply Chain GHG Emission Factors v1.2
- Standard: Not explicitly mentioned (assumed GHG Protocol based on Scope definitions)
- Data collection approach: Annual monitoring of emissions data from operations
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Full scope disclosure 🟢
- 123.54 tonnes waste 🟢
- Electric furnace potential 🌞
- Sustainable tech adoption 🌱
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Positive Foundation in Tashin Holdings Berhad's sustainability report for FY2023 🟢. The report demonstrates a strong start with quantifiable metrics such as Scope 1, 2, and 3 emissions (161.7, 1,371.1, and 27,358.8 tCO₂e respectively), waste reduction (123.54 tonnes), and social impacts like training 162 employees on safety. The establishment of a Sustainability Committee and alignment with the GRI framework are commendable steps. However, there are gaps ⚠️: the lack of third-party verification for GHG data undermines credibility, and carbon intensity metrics are absent. Forward-looking commitments exist (e.g., ESG targets by 2025), but some statements remain generic, such as 'commitment to sustainability,' without specific timelines or outcomes. Tashin could improve by incorporating external assurance, deeper measurable targets, and more detailed climate risk assessments to enhance transparency and accountability.
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