KECK SENG (MALAYSIA) BERHAD
Malaysia | 3476.KL | Main
Reference
Report Year: 2023
Source Files: Keck_Seng_(Malaysia)_Berhad-_Annual_Report_2023.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
TCFD, Integrated Report 🟢
GHG Accounting
Keck Seng (Malaysia) Berhad's sustainability report for 2023 lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, nor information on base year, boundary, or third-party verification, which are critical for transparency. The absence of quantifiable metrics hinders a clear understanding of their carbon footprint. While the report mentions climate change impacts on their plantation and property segments, no concrete emission reduction strategies or targets are provided. To improve, the company should establish a robust GHG inventory, adopt international standards like the GHG Protocol, and consider third-party verification to enhance credibility. Reporting on carbon intensity and setting clear reduction goals would also strengthen their sustainability efforts.
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
Efforts
- No specific efforts ⚠️
- No specific efforts ⚠️
- No specific efforts ⚠️
- Economical housing designs 🌱
Social Highlights
- Community impact projects 🥗
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in Keck Seng (Malaysia) Berhad’s 2023 sustainability report. The integrated report mentions engagement with stakeholders on ESG issues and highlights TCFD as a framework 🟢, which is a positive step. However, the content lacks quantifiable actions and measurable outcomes ⚠️, particularly in GHG emissions and carbon reduction efforts. Generic statements about climate change impacts and stakeholder engagement are present, but without specific metrics or forward-looking commitments, the report falls short of providing a clear sustainability strategy. To enhance future reports, the company should include specific targets (e.g., emission reduction percentages), adopt third-party verification for credibility, and outline concrete plans for sustainability initiatives. This would transform the report from a basic overview into a robust tool for stakeholders.
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