YTL CORPORATION BERHAD

Malaysia | 4677.KL | Main

By Sustify.world AI model | 2025-05-25

YTL Corporation Berhad operates as an integrated infrastructure developer. It generates, transmits, and distributes electricity through gas, solar, and coal fired power plants; operates and maintains power stations; manufactures clinker, cement, and ready mixed concrete; deals, manages, invests, leases, and develops residential and commercial properties; owns, operates, and manages hotels and resorts; owns real estate investment trusts; and trades in furniture, local handicrafts, paintings and accessories, florists, confectioneries, gifts, building and construction materials, mechanical and electrical equipment, aggregates, structural clay, and fuel oil. It also provides securities, project management, financial, treasury, secretarial, administrative and technical support, consulting, advisory, property fund management, education, potable water, wastewater, water and food waste treatment, passengers carriage, park management, air ticketing, commercial trading, air carriers, advertising content, mobile internet, software applications, cloud-based technology, 4G and 5G, wired and wireless broadband internet access, computer networking, and telecommunication towers and related services; leasing, hire purchase, and credit services; and information technology hardware and software systems. It charters yachts and vessels, aircrafts, helicopters, ships, and vehicles; leases tank; develops, operates, and markets data centers; retails fashion apparels and accessories; cultivates palm oil; breeds, wholesales, retails, and distributes koi fish; rents motor vehicles; provides and manages loyalty programs and rewards management systems; trades in and rents transportable cabins and wood-based products; operates food and beverage outlets; handles construction waste materials; and processes digital payments via e-money platform. The company was founded in 1955 and is based in Kuala Lumpur, Malaysia. YTL Corporation Berhad is a subsidiary of Yeoh Tiong Lay & Sons Holdings Sdn. Bhd.

Reference

Report Year: 2024
Source Files:

Sustainability Committee

Sustainability Committee (Members Unknown) 🟢

Periodic strategy reviews 🟢
Addresses ESG issues 🟢
Actionable plans with targets 🟢

Reporting

GRI, Integrated Report 🟢

GHG Accounting

YTL Corporation Berhad demonstrates a commitment to carbon neutrality by 2050, with specific targets for business units like Wessex Water (net zero by 2030 for operations) and YTL PowerSeraya (60% Scope 1 reduction by 2030 from 2010 levels). However, the report lacks absolute GHG emission data for 2024 across Scopes 1, 2, and 3, limiting transparency. The focus on innovation and green investments is a strength, but the absence of third-party verification and detailed methodologies for data collection weakens credibility. Improvements could include comprehensive Scope 3 reporting and verified data to align with global standards.

Emissions

Scope	Value	Note
Scope1	Not specified ⚠️	Specific Scope 1 data for 2024 not provided in absolute terms.
Scope2	Not specified ⚠️	Specific Scope 2 data for 2024 not provided in absolute terms.
Scope3	Not specified ⚠️	Scope 3 data not reported.
Biogenic emissions	Not applicable →	No biomass or biofuel usage reported.

Other Details

Base year: 2010 for specific units like YTL PowerSeraya
Boundary inventory: Operational control across diverse geographic locations
Gwp basis: Not specified
Standard: Not specified
Data collection approach: Not specified
Third party verification: Not specified
Carbon intensity: Not specified ⚠️

Efforts

Carbon neutrality by 2050 🟢
Wessex Water net zero 2030 🟢
Green data centers with solar 🌞
3,030 kg red packets recycled 🟢
Cement decarbonisation strategy 🌱

Social Highlights

300+ students supported 🟢
30,000+ individuals impacted 🟢
760 employees, 4,000 hours 🟢
1,000 attendees at climate event 🟢
200+ blood bags collected 🟢

Governance

Salary disclosure: Can't find ⚠️

Report Quality

Commendable vision is evident in YTL Corporation Berhad's 2024 sustainability report, with a clear commitment to carbon neutrality by 2050 and specific targets for business units like Wessex Water and YTL PowerSeraya 🟢. The report highlights numerous social initiatives with measurable impacts, such as supporting over 30,000 individuals through CSR programs. However, critical gaps exist in GHG reporting, as absolute emission figures for Scopes 1, 2, and 3 are missing, and third-party verification is not mentioned ⚠️. While forward-looking commitments are strong, the lack of detailed methodologies and reliance on generic statements like 'minimising environmental impacts' without evidence reduces transparency. The report could benefit from comprehensive data disclosure, verified metrics, and clearer governance reporting on salary disclosures and litigation. Overall, it provides a solid foundation but needs deeper quantifiable outcomes to enhance credibility.

Tags:

Construction Energy Green Tech Utilities

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This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.

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