SSF HOME GROUP BERHAD

Malaysia | 0287.KL | ACE

By Sustify.world AI model | 2025-05-25
SSF Home Group Berhad, an investment holding company, engages in the retail of furniture, home décor, and home living products in Malaysia. It offers furniture, including sofa, table and desk, armchair, chair and stool, shelf and storage, cabinet and rack, and table set; bed frame, mattress, bedding set, pillow and bolster, cushion, ottoman, quilt, duvet, and blanket; artificial flower, plants, trees, vases, and planters; and home decoration, such as candle, home fragrance, mirror, artificial fruit, table calendar, vase and porcelain, photo frame, mini fountain, tray and basket, sculpture and statue, bookend storage, and mini chest and box. The company provides storage and organizer, waste bin, laundry, hardware, cleaning tools, and umbrella stand; kitchen ware, such as food storage, serveware, drinkware, cutlery and utensil, kitchen linen, serving cart, and dishwashing; shower caddy, towel hanger, bath accessories, bath mat, and face, bath, and hand towel; rug and mat; curtain and accessories; and luggage and bags, which include travel luggage, tote, and hand bag. It offers its products through its retail outlets and an e-commerce website. The company engages in licencing and trademark management business. SSF Home Group Berhad was founded in 1989 and is headquartered in Shah Alam, Malaysia.

Reference

Report Year: 2024
Source Files: SSF_Home_Group_Berhad_-_Annual_Report_2024_Part_2.pdf

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No Specific Framework Mentioned ⚠️

GHG Accounting

SSF Home Group Berhad's sustainability report for 2024 lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, base year, boundary, or third-party verification, which limits transparency. The report acknowledges environmental impacts from electricity consumption and packaging but does not quantify emissions or outline specific reduction targets. A key gap is the absence of a formal framework or standard for GHG reporting. To improve, the company should establish a GHG inventory, adopt recognized standards like the GHG Protocol, and consider third-party verification to enhance credibility. Including measurable targets and progress tracking would strengthen their environmental accountability.

Emissions

Scope Value Note
Scope1 Not reported ⚠️ No data on Scope 1 emissions provided.
Scope2 Not reported ⚠️ No data on Scope 2 emissions provided.
Scope3 Not reported ⚠️ No data on Scope 3 emissions provided.
Biogenic emissions Not applicable → No biomass or biofuel usage reported.

Other Details

  • Base year: Not reported ⚠️
  • Boundary inventory: Not reported ⚠️
  • Gwp basis: Not reported ⚠️
  • Standard: Not reported ⚠️
  • Data collection approach: Not reported ⚠️
  • Third party verification: Not reported ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • Optimized delivery routes 🟢
  • Eco-friendly packaging planned 🌱
  • Energy-saving practices 🟢

Social Highlights

  • 349 new hires 🟢
  • 2.8% attrition rate 🟢
  • RM5,000 for sports inclusivity 🥗
  • RM5,000 for education 🥗
  • RM15,000+ employee support 🥗

Governance

  • Salary disclosure: Can't find ⚠️
  • Litigation: Can't find ⚠️

Report Quality

Initial Steps Taken in sustainability reporting by SSF Home Group Berhad are evident in their 2024 integrated report 🟢. The report highlights social initiatives with measurable outcomes, such as donations of RM5,000 each to community causes and employee support exceeding RM15,000. However, the absence of a sustainability committee and specific frameworks like GRI or TCFD limits structure and transparency ⚠️. Environmental efforts, while mentioned (e.g., optimized delivery routes), lack quantifiable metrics or targets for emissions reduction. Forward-looking commitments are vague, with plans for policies and supplier assessments mentioned but not detailed. To enhance future reports, the company should form a sustainability committee, adopt recognized reporting standards, and include specific, measurable targets for environmental impact. This would provide a clearer picture of their ESG performance and build stakeholder trust.

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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.

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