LIEN HOE CORPORATION BERHAD
Malaysia | 3573.KL | Main
Reference
Report Year: 2021
Source Files: Lien_Hoe_-_Annual_Report_2021.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
Lien Hoe Corporation Berhad's 2021 sustainability report lacks detailed GHG accounting. There is no specific data on Scope 1, 2, or 3 emissions, nor is there mention of a base year, boundary, or standard such as the GHG Protocol. The report highlights energy conservation efforts, particularly in hotel operations, but fails to quantify emission reductions or provide third-party verification. Key improvements needed include establishing a comprehensive GHG inventory, adopting recognized standards, and ensuring data transparency with verification. Without measurable metrics, assessing the environmental impact remains challenging. The company should prioritize detailed reporting to align with global sustainability expectations.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No specific data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No specific data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy-efficient chillers 🟢
- LED lighting adoption 🟢
- Reduced food waste 🟢
- Water-saving systems 🌱
- Biodegradable packaging 🌱
Social Highlights
- 100% vaccinated employees 🟢
- 93 staff, 40% female 🟢
- 51% female managers 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Moderate effort in sustainability reporting is evident in Lien Hoe Corporation Berhad's 2021 integrated report 🟢. The report identifies key sustainability matters such as energy, water, and waste management, with some quantifiable actions like 100% employee vaccination and initiatives for energy efficiency. However, it falls short on measurable outcomes for GHG emissions and lacks third-party verification or forward-looking commitments like net-zero targets ⚠️. Much of the content, such as 'commitment to sustainability,' remains generic without supporting data or specific metrics. To enhance credibility, the company should incorporate detailed emission data, adopt global frameworks like GRI or TCFD, and outline clear, time-bound goals. This would provide stakeholders with a transparent view of progress and accountability. Overall, the report offers a foundation but requires deeper substance and rigor to meet best practices.
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