Hume Cement Industries Berhad
Malaysia | 5000.KL | Main
Reference
Report Year: 2024
Source Files: Hume_Cement_Industries_Berhad_-_2024_Annual_Report.pdf
Sustainability Committee
Sustainability Steering & Working Committees 🟢
- Regular meetings 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
Hume Cement Industries Berhad demonstrates a commitment to GHG accounting by reporting combined Scope 1 and Scope 2 emissions intensity at 731 kgCO₂e per tonne of cement for FY2024, a slight improvement from 741 kgCO₂e in FY2023. The inclusion of Scope 3 emissions for employee commuting (1,043.24 tCO₂e) is a positive step towards broader carbon inventory. However, the lack of separate Scope 1 and Scope 2 data, citing confidentiality, limits transparency. Additionally, the absence of a specified base year, GWP basis, and third-party verification weakens the credibility of the data. The company could improve by separating Scope disclosures where possible, establishing a clear base year, adopting a recognized standard like GHG Protocol, and seeking external verification to enhance trust and accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not separately disclosed ⚠️ | Combined with Scope 2 for confidentiality ⚠️ |
| Scope2 | Not separately disclosed ⚠️ | Combined with Scope 1 for confidentiality ⚠️ |
| Scope3 | 1,043.24 tCO₂e (Employee Commuting) 🟢 | |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Malaysia operations 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Internal tracking 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: 731 kgCO₂e/tonne cement, not verified ⚠️
Efforts
- 10% reduction since 2019 🟢
- 10% reduction in concrete production 🟢
- 292,395 tonnes recycled 🟢
- 6% alternative fuels 🌞
- PFA & GGBS usage 🌱
Social Highlights
- 7,000+ hours safety training 🟢
- RM60,554.75 for CSR 🥗
- 400 cement bags donated 🥗
- 2,190 beneficiaries 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable effort by Hume Cement Industries Berhad in presenting an integrated sustainability report for FY2024 with detailed metrics 🟢. The report showcases quantifiable actions such as a 10% reduction in CO2 emissions since 2019 and recycling of 292,395 tonnes of waste, supported by frameworks like GRI and TCFD. However, there are notable gaps, including the lack of separate Scope 1 and Scope 2 emissions data and absence of third-party verification ⚠️, which impacts credibility. While forward-looking commitments like increasing alternative fuel usage to 11% by FY2026 are positive, some sections rely on generic statements (e.g., 'committed to sustainability') without deeper evidence of impact. The company could benefit from enhancing transparency with detailed GHG data, seeking external assurance, and providing more measurable outcomes for social and governance initiatives. Overall, the report lays a solid foundation but requires more specificity and validation to strengthen stakeholder trust.
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