KRETAM HOLDINGS BERHAD
Malaysia | 1996.KL | Main
Reference
Report Year: 2023
Source Files:
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
KRETAM HOLDINGS BERHAD's 2023 sustainability report lacks detailed information on GHG accounting. There is no reporting on Scope 1, Scope 2, or Scope 3 emissions, and critical elements such as base year, boundary, GWP basis, and verification status are absent. This represents a significant gap in transparency regarding the company's carbon footprint. While stakeholder engagement is emphasized, environmental impact metrics are not quantified. To improve, the company should establish a robust GHG inventory aligned with standards like the GHG Protocol, report absolute emission figures, and consider third-party verification to enhance credibility. Addressing these gaps would provide a clearer picture of their environmental performance and support stronger sustainability commitments.
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
Social Highlights
- Community engagement on employment 🟢
- Smallholder engagement on pricing 🟢
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Room for improvement in KRETAM HOLDINGS BERHAD's 2023 sustainability report. The report provides a foundation by discussing stakeholder engagement across various groups, which is a positive step 🟢. However, it lacks quantifiable actions and measurable outcomes, particularly in environmental performance ⚠️. There is no data on GHG emissions, waste reduction, or specific sustainability initiatives, and generic statements about 'sustainability efforts' are not supported by evidence. Forward-looking commitments or targets are also absent. To enhance the report's credibility, the company should include specific metrics (e.g., emission reductions, energy savings), adopt recognized reporting frameworks like GRI or TCFD, and outline clear future goals. Incorporating third-party verification would further strengthen trust in the reported data. Overall, the report needs more depth to reflect a robust sustainability strategy.
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