BATU KAWAN BERHAD
Malaysia | 1899.KL | Main
Reference
Report Year: 2024
Source Files: BKB_Annual_Report_2024.md
Sustainability Committee
Sustainability Steering Committee (SSC) & Working Committee (SWC) 🟢
- Board & SSC oversight 🟢
- SWC implementation 🟢
Reporting
TCFD, GRI, Integrated Report 🟢
GHG Accounting
Batu Kawan Berhad demonstrates a structured approach to GHG accounting, with detailed reporting for Scope 1 emissions at 496,836 mt CO₂ eq in the Plantation segment and stable GHG intensity at 0.40 mt CO₂ eq/mt CPO. The use of GHG Protocol and RSPO Palm GHG 4.0 ensures alignment with industry standards. Partial third-party verification by KLK adds credibility, though it is limited to selected indicators. However, Scope 3 reporting remains incomplete, focusing only on fertiliser procurement and minimal categories in Industrial Chemical operations. A key gap is the lack of comprehensive value chain emissions data. To improve, BKB should expand Scope 3 disclosures and ensure consistent third-party assurance across all segments for greater transparency and accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 496,836 mt CO₂ eq (Plantation) 🟢 | |
| Scope2 | Reported, highest for Industrial Chemical 🟢 | |
| Scope3 | Limited reporting ⚠️ | Scope 3 data incomplete, especially for value chain emissions ⚠️ |
| Biogenic emissions | Not applicable → | No explicit mention of biomass or biofuel usage for energy production in GHG accounting. |
Other Details
- Base year: Not specified
- Boundary inventory: Plantation and Manufacturing segments; excludes Property Development and Others
- Gwp basis: Not specified
- Standard: GHG Protocol (Manufacturing), RSPO Palm GHG 4.0 (Plantation)
- Data collection approach: Mix of internal and external systems; RSPO Palm GHG 4.0 for Plantation
- Third party verification: Partial (KLK engages third-party for limited assurance; internal audit for BKB)
Efforts
- 7.6% Scope 1 reduction 🟢
- 410,081 mt CO₂ eq avoided 🟢
- 22,126 mt waste diverted 🟢
- 3.23MWp solar installation 🌞
- Biogas energy capture 🌱
Social Highlights
- 7,728 employees trained 🥗
- 4,431 employees trained 🥗
- Rp455M community income 🥗
- 1,800 trees planted 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable Depth in Environmental Reporting 🟢. Batu Kawan Berhad’s 2024 Sustainability Statement provides a robust foundation with detailed metrics on GHG emissions, energy consumption, and waste management, particularly in the Plantation segment. Quantifiable actions like a 7.6% reduction in Scope 1 emissions and avoidance of 410,081 mt CO₂ eq through innovative practices are notable strengths. The report also benefits from partial third-party verification for KLK’s data, enhancing credibility. However, there are gaps ⚠️, such as limited Scope 3 disclosures and a lack of forward-looking commitments beyond general decarbonisation goals. Social and governance sections, while present, often lack measurable outcomes, relying on descriptive initiatives. To elevate the report, BKB could incorporate specific net-zero targets, expand Scope 3 data collection, and ensure consistent assurance across all segments. Overall, the report is a solid step but would benefit from greater specificity and ambition in commitments.
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