PINEHILL PACIFIC BERHAD
Malaysia | 1902.KL | Main
Reference
Report Year: 2024
Source Files: Pinehill_-_Annual_Report_2024.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Monthly activities 🟢
- Group-wide initiatives 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
Pinehill Pacific Berhad demonstrates a promising start in GHG accounting with systematic monitoring of Scope 1 and Scope 2 emissions in FY2024, using metrics like tCO₂e per litre of fuel and per kWh of electricity, aligned with revenue for carbon intensity insights. The use of verified conversion factors from national statistics enhances data reliability. However, key gaps include the absence of Scope 3 reporting and lack of clarity on adherence to standards like GHG Protocol or ISO 14064. Third-party verification is also not mentioned, which limits credibility. To improve, Pinehill should expand its inventory to include Scope 3, adopt a recognized standard, and pursue external assurance for transparency and trust in its climate data.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Reported (data not specified) 🟢 | Scope 1 emissions measured as tCO₂e per litre of fuel consumed by company-owned vehicles/machinery. |
| Scope2 | Reported (data not specified) 🟢 | Scope 2 emissions measured as tCO₂e per kWh of electricity used. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not mentioned in the report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Base Year: 2024 🟢
- Boundary inventory: Boundary: Indonesia & Malaysia 🟢
- Gwp basis: GWP Basis: Verified factors 🟢
- Standard: Standard: Not specified ⚠️
- Third party verification: Verification: Not mentioned ⚠️
- Carbon intensity: Assessed against revenue 🟢
Efforts
- CO2e monitoring started 🟢
- Waste tracking system 🟢
- Solar panel adoption 🌞
- Sustainable water practices 🌱
Social Highlights
- Safety processes at sites 🟢
- Community development 🥗
- OSH training provided 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Not disclosed ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable Initial Steps in Pinehill Pacific Berhad’s sustainability reporting for FY2024 🟢. The report provides a solid foundation with structured adherence to GRI and TCFD frameworks, and the integration of climate-related data monitoring for Scope 1 and Scope 2 emissions is a positive start. Quantifiable actions, such as biodiversity assessments and habitat protection (307 Ha conserved), reflect measurable outcomes. However, significant gaps exist ⚠️, including the lack of Scope 3 emissions data, third-party verification, and specific targets or forward-looking commitments beyond a general roadmap for 2025. Much of the content remains generic, with statements like 'committed to sustainability' lacking supporting evidence or detailed metrics. To enhance future reports, Pinehill should incorporate verifiable targets, pursue external assurance, and provide deeper insights into social and governance impacts for a more robust disclosure.
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