TDM BERHAD
Malaysia | 2054.KL | Main
Reference
Report Year: 2023
Source Files: TDM_-_IAR2023_Part_1.pdf, TDM_-_IAR2023_Part_2.pdf, TDM_-_IAR2023_Part_3.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Oversees ESG strategy 🟢
- Reviews materiality assessments 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
TDM Berhad demonstrates a commitment to GHG accounting with Scope 2 emissions reported at 17.97M kgCO₂e for 2023, verified by SIRIM QAS International, ensuring data reliability. Total net emissions for plantation operations are disclosed at 71,119 tCO₂e using the RSPO PalmGHG calculator, reflecting a focus on industry-specific tools. However, Scope 1 data is not explicitly quantified in absolute terms, and Scope 3 emissions are absent, limiting a full emissions profile. Additionally, despite biomass usage for energy, biogenic emissions are not reported, which is a notable gap. Improvements could include comprehensive Scope 1 and 3 reporting, inclusion of biogenic emissions in the GHG inventory, and disclosure of carbon intensity metrics to enhance transparency and stakeholder trust.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not specified ⚠️ | Scope 1 emissions data not explicitly quantified in absolute terms. |
| Scope2 | 17.97M kgCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not disclosed. |
| Biogenic emissions | Not reported despite biomass usage ⚠️ | Biomass used for energy generation, but biogenic emissions not included in GHG inventory. |
Other Details
- Base year: Not specified
- Boundary inventory: Operational control (Plantation and Healthcare sectors)
- Gwp basis: Not specified
- Standard: RSPO PalmGHG Calculator
- Data collection approach: Internal data collection from operations
- Third party verification: Yes, by SIRIM QAS International
- Carbon intensity: Not reported ⚠️
Efforts
- 14,157 tCO₂e reduction 🟢
- 16,425 mt effluent reused 🟢
- 1,861 LED lights installed 🌞
- Biogas plants operational 🌱
Social Highlights
- 79,782 trees planted 🟢
- RM1.88M community investment 🥗
- 60 housing units completed 🟢
- 54,422 training hours 🟢
- Smallholder support program 🥗
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable effort by TDM Berhad in presenting a detailed sustainability report for 2023, integrated within their annual report 🟢. The report excels with quantifiable actions such as a 14,157 tCO₂e reduction through green energy and the planting of 79,782 trees, showcasing measurable environmental impact. Third-party verification by SIRIM QAS International adds credibility to the data. Additionally, forward-looking commitments like zero plastic usage in KMI hospitals by 2025 and 350,000 trees by 2025 reflect proactive planning 🟢. However, the report has gaps with limited Scope 1 and 3 emissions data and no mention of biogenic emissions despite biomass usage ⚠️. Generic statements on 'commitment to sustainability' lack specific evidence in some areas. To improve, TDM could incorporate comprehensive GHG reporting, address biogenic emissions, and provide deeper governance disclosures. Overall, the report offers a solid foundation but would benefit from enhanced transparency and specificity.
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