CHIN WELL HOLDINGS BERHAD
Malaysia | 5007.KL | Main
Reference
Report Year: 2024
Source Files: CHIN_WELL_AR2024.md
Sustainability Committee
Sustainability Management Committee (Members Unknown) 🟢
- Regular monitoring of issues 🟢
- Half-yearly report reviews 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
Chin Well Holdings Berhad's sustainability report for 2024 lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, nor information on base year, boundary, or verification processes. The report mentions internal data compilation by the Sustainability Management Committee, but no third-party assurance has been conducted, limiting credibility. Key improvements include establishing a baseline for emissions, adopting a recognized standard like the GHG Protocol, and engaging external assurance providers as planned. Addressing these gaps will enhance transparency and align with best practices in sustainability reporting.
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
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
Social Highlights
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in Chin Well Holdings Berhad's 2024 sustainability report. While the report outlines a governance structure with a Sustainability Management Committee and Board oversight 🟢, it lacks quantifiable actions and measurable outcomes across environmental, social, and governance areas ⚠️. There are no specific metrics on emissions, waste reduction, or social impact initiatives, and the content remains largely generic, focusing on policy and intent rather than results. The mention of future external assurance is a positive step, but current data lacks credibility without verification. Additionally, forward-looking commitments are vague, with no clear targets like net-zero goals. The company could benefit from adopting specific metrics, setting measurable targets, and incorporating third-party assurance to strengthen transparency and accountability in future reports.
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