PLYTEC HOLDING BERHAD

Malaysia | 0289.KL | ACE

By Sustify.world AI model | 2025-05-25
PLYTEC Holding Berhad, an investment holding company, provides construction engineering solutions and services primarily in Malaysia. The company trades in, sells, and rents new and refurbished temporary falseworks and formworks equipment, safety protection equipment, and access solutions; provides related transportation and engineering services; and offers forming and safe erection support solutions, such as on-site monitoring and coordination of work, as well as training on the safe use and procedural control practices for concrete structures. It also trades and distributes core and general building materials comprising engineering wire mesh, perimeter fencing, plywood, mobile houses, floor tiles, sanitary wares, cement, steel bars, and others for construction projects. In addition, the company is involved in the provision of digital designs and engineering solutions, including Building Information Modelling, a process to create digital representation of structures, buildings, and services using 3D model, which can be applied in various stages of the construction lifecycle; and virtual design and construction, field verification, and building condition assessment services, as well as professional services for Occupational Safety and Health in Construction Industry Management (OSHCIM). Further, it provides planning, designing, production detailing and planning, and coordination services throughout the manufacturing process of prefabricated components; and offers cover lifting and connection accessories that facilitates the transporting, lifting, and connecting of prefabricated components from plant to construction site. Additionally, it manufactures, designs, and assembles industrialized building system products; provides warehouse management, architectural and engineering, as well as related technical consultancy and education services; and engages in property investment activities. The company was founded in 1999 and is headquartered in Puchong, Malaysia.

Reference

Report Year: 2023
Source Files: PLYTEC_-_Annual_Report_2023.md

Sustainability Committee

Sustainability Committee (Unknown pax) 🟢

  • Dedicated ESG Team 🟢

Reporting

Integrated Report, No Specific Framework Mentioned ⚠️

GHG Accounting

PLYTEC HOLDING BERHAD's 2023 sustainability report lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, nor information on base year, boundary, or verification status. While the report highlights a commitment to reducing environmental impact through technology adoption, such as Building Information Modelling (BIM), there are no quantifiable emission metrics or specific targets provided. A key improvement area is to establish a comprehensive GHG inventory aligned with standards like the GHG Protocol. Additionally, adopting third-party verification would enhance credibility. The absence of carbon intensity data limits the ability to assess efficiency in emission reductions relative to business output. Overall, PLYTEC needs to prioritize detailed emissions reporting to strengthen its sustainability profile.

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 verified ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • Adopted BIM technology 🌞
  • Tech-driven footprint reduction 🟢
  • Waste management initiatives 🟢

Social Highlights

  • 100% anti-corruption training 🟢
  • 84% customer satisfaction 🟢
  • Zero product recalls 🟢
  • Limited data available ⚠️ (Insufficient quantifiable social impact data.)
  • Limited data available ⚠️ (Insufficient quantifiable social impact data.)

Governance

  • Salary disclosure: Can’t find ⚠️

Report Quality

Commendable intent is evident in PLYTEC HOLDING BERHAD’s 2023 integrated sustainability report, with a structured focus on Economic, Environmental, Social, and Governance (ESG) pillars 🟢. The report highlights initiatives like technology adoption (e.g., BIM) and achieves measurable outcomes in areas such as customer satisfaction (84% index) and anti-corruption training (100% employees). However, it falls short on quantifiable environmental metrics, particularly GHG emissions data, which is entirely absent ⚠️. Generic commitments to sustainability lack supporting evidence or forward-looking targets, such as net-zero goals. To improve, PLYTEC should incorporate detailed emission accounting, align with recognized frameworks like GRI or TCFD, and seek third-party verification for credibility. Including specific, time-bound commitments would strengthen the report’s impact. Overall, while the foundation is promising, deeper granularity and measurable outcomes are needed for a robust sustainability narrative.

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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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