TELADAN GROUP BERHAD
Malaysia | 0230.KL | Main
Reference
Report Year: 2023
Source Files: Teladan_AR2023_Part_2.md
Sustainability Committee
Sustainability Management Team (Unknown pax) 🟢
- Oversees sustainability strategy 🟢
- Assesses climate risks 🟢
- Monitors policies 🟢
Reporting
IFRS S1, IFRS S2, TCFD, Integrated Report 🟢
GHG Accounting
Teladan Group Berhad demonstrates a commitment to GHG accounting by reporting Scope 1 (72.29 tCO₂e), Scope 2 (295.37 tCO₂e), and Scope 3 (16.95 tCO₂e) emissions for 2023, reflecting transparency in tracking energy-related impacts. A strength lies in the detailed breakdown by scope, with data restated for accuracy. However, the absence of third-party verification and lack of information on base year, GWP basis, or standards used limits credibility. Carbon intensity metrics are also missing, hindering performance benchmarking. To improve, Teladan should pursue independent assurance, adopt recognized standards like GHG Protocol, and establish a clear base year for target setting. Enhanced disclosure on data methodologies would further strengthen trust in their environmental reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 72.29 tCO₂e 🟢 | Vehicle fuel consumption |
| Scope2 | 295.37 tCO₂e 🟢 | Electricity consumption |
| Scope3 | 16.95 tCO₂e 🟢 | Staff claims (business travel) |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Operational control (Malaysia operations)
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Internal management review with restated data methodology
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy-saving sales process 🟢
- Carpooling initiative 🟢
- 6R waste strategy 🟢
- Solar panels installed 🌞
- Solar PV systems 🌞
Social Highlights
- 71 employees trained on safety 🟢
- 1,365 training hours 🟢
- MYR 167,768 for community 🥗
- 12 trees planted 🥗
- 2 customer surveys 🟢
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable transparency in Teladan’s 2023 Sustainability Report, with detailed metrics on GHG emissions, energy consumption, and social initiatives like training (1,365 hours) and community investments (MYR 167,768) 🟢. The integration of frameworks such as IFRS and TCFD reflects a strong alignment with global standards. Measurable outcomes, including zero corruption incidents and health & safety training for 71 employees, add credibility. However, the report lacks third-party verification for GHG data and forward-looking commitments like net-zero targets, limiting its robustness ⚠️. Generic statements on ‘sustainable future’ need backing with specific, time-bound goals. To enhance quality, Teladan could incorporate independent assurance, set clear environmental targets, and expand on governance disclosures like salary transparency. Overall, the report provides a solid foundation but could benefit from deeper specificity and validation.
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