YEW LEE PACIFIC GROUP BERHAD
Malaysia | 0248.KL | ACE
Reference
Report Year: 2024
Source Files: Yew_Lee_-_Annual_Report_(part_1).md, Yew_Lee_-_Annual_Report_(part_2).md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
Yew Lee Pacific Group Berhad's GHG accounting in the 2024 report is significantly underdeveloped. There is no data on Scope 1, Scope 2, or Scope 3 emissions, nor any mention of a base year, boundary, or inventory details. The report lacks information on GWP basis, standards like GHG Protocol, data collection approaches, or third-party verification. While the company expresses a commitment to reducing its carbon footprint, the absence of quantifiable metrics hinders a clear assessment of progress. A key improvement would be to establish a structured GHG inventory with absolute emission figures and seek third-party verification to enhance credibility. Engaging external consultants, as mentioned in the report, could help address these gaps in future disclosures.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data available for Scope 1 emissions. |
| Scope2 | Not reported ⚠️ | No data available for Scope 2 emissions. |
| Scope3 | Not reported ⚠️ | No data available for Scope 3 emissions. |
| 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
- Adopted solar energy 🌞
- Recycled PET materials ♻️
- Water reduction plans 💧
Social Highlights
- 8 hours staff training 🟢
- 16 hours senior training 🟢
- 50% female Board members 🟢
- 14 employees tested for NIHL 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Initial Steps Taken 🟢: Yew Lee Pacific Group Berhad’s 2024 sustainability report demonstrates a foundational commitment to ESG principles, with efforts like adopting solar energy and using recycled materials in manufacturing. The report includes some quantifiable social metrics, such as training hours and Board diversity (50% female representation). However, it falls short in several critical areas ⚠️. The absence of specific data on GHG emissions, frameworks like GRI or TCFD, and third-party verification limits transparency and credibility. Forward-looking commitments are vague, lacking measurable targets (e.g., net-zero goals). Much of the content relies on generic statements like 'committed to sustainability' without supporting evidence. To improve, the company should incorporate detailed emission data, adopt recognized reporting standards, and provide clear, time-bound targets. Engaging external consultants, as planned, could help bridge these gaps and enhance future disclosures.
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