GUH HOLDINGS BERHAD
Malaysia | 3247.KL | Main
Reference
Report Year: 2023
Source Files:
Sustainability Committee
Risk Management & Sustainability Committee (3 pax) 🟢
- Meets at least once yearly 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
GUH Holdings Berhad demonstrates a commitment to tracking emissions, with quantifiable data for Scope 1 (369.7k kg CO₂e) and Scope 2 (22.96M kg CO₂e) in 2023, based on fuel and electricity consumption across divisions. Strengths include detailed divisional breakdowns and consistent reporting over three years, showing a downward trend in emissions. However, Scope 3 emissions are not reported, limiting the completeness of the GHG inventory. The absence of a specified base year, adherence to global standards like GHG Protocol, and third-party verification are notable gaps. To improve, GUH should expand reporting to include Scope 3, establish a base year for target-setting, and seek external verification to enhance credibility.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 369.7k kg CO₂e (2023) 🟢 | Derived from petrol and diesel usage. |
| Scope2 | 22.96M kg CO₂e (2023) 🟢 | Derived from electricity consumption. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Covers operational divisions 🟢
- Gwp basis: DEFRA 2023 🟢
- Standard: Not specified ⚠️
- Data collection approach: Fuel & electricity tracking 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 11% fuel emission reduction 🟢
- 14.6% electricity emission reduction 🟢
- Exploring solar & wind energy 🌞
- Fuel optimization initiatives 🌱
Social Highlights
- Stakeholder engagement 🥗
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initial steps are evident in GUH Holdings Berhad's 2023 sustainability report 🟢. The report provides quantifiable data on Scope 1 and Scope 2 emissions, with a clear downward trend in both fuel and electricity-related emissions over three years, reflecting actionable efforts. However, the report lacks depth in several areas ⚠️. The absence of Scope 3 emissions, a defined base year, and third-party verification limits the credibility and completeness of the data. Social initiatives are mentioned vaguely, with minimal measurable outcomes or specific impacts. Forward-looking commitments, such as specific carbon neutrality targets or timelines, are generic and lack detail. To enhance future reports, GUH should incorporate third-party verification, expand GHG reporting to include Scope 3, and provide detailed social impact metrics. This would strengthen the report's transparency and alignment with global sustainability standards.
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