C.I. HOLDINGS BERHAD
Malaysia | 2828.KL | Main
Reference
Report Year: 2024
Source Files: CIH_-_Annual_Report_2024.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Materiality Assessment FY2024 🟢
- Annual EESG Review 🟢
Reporting
GRI, SASB, Integrated Report 🟢
GHG Accounting
C.I. Holdings Berhad demonstrates a structured approach to GHG accounting with detailed reporting of Scope 1 (355 tCO₂e), Scope 2 (5,563 tCO₂e), and partial Scope 3 emissions (1,052 tCO₂e) for FY2024 using the GHG Protocol. Strengths include comprehensive data collection for direct and indirect emissions and transparency in emission factors. However, Scope 3 reporting is limited to business travel and commuting, missing broader value chain impacts. The lack of third-party verification and carbon intensity metrics reduces credibility. Improvements could involve expanding Scope 3 coverage, obtaining external assurance, and setting a clear base year for target tracking. A formal Climate Transition Strategy is planned, which could further enhance accountability if paired with measurable goals.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 355 tCO₂e 🟢 | |
| Scope2 | 5,563 tCO₂e 🟢 | |
| Scope3 | 1,052 tCO₂e (Partial) 🟢 | Includes business travel and employee commuting only ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Operational control
- Gwp basis: GHG Protocol v4.1, MGTC 2021
- Standard: GHG Protocol
- Data collection approach: Tracked via energy consumption and travel data
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy Efficiency Gains 🟢
- 451,660 kg Waste Recycled 🟢
- Solar Panel Adoption 🌞
- Recycled Materials Usage 🌱
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable Effort by C.I. Holdings Berhad in their FY2024 integrated sustainability report 🟢. The report provides a solid foundation with quantifiable metrics such as GHG emissions (Scope 1: 355 tCO₂e, Scope 2: 5,563 tCO₂e), waste recycling (451,660 kg), and community investment (MYR 409,040 benefiting 24,200 individuals). Transparency in data collection methods and alignment with GRI and SASB frameworks are notable strengths. However, gaps exist in third-party verification of GHG data and incomplete Scope 3 reporting, limiting credibility ⚠️. Forward-looking commitments like the Climate Transition Strategy and solar panel adoption are mentioned, but lack specific timelines or targets. Generic statements on sustainability commitment occasionally overshadow measurable outcomes. To enhance future reports, the company could incorporate external assurance, expand Scope 3 disclosures, and define clear, time-bound goals for carbon neutrality and renewable energy adoption.
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