TONG HERR RESOURCES BERHAD
Malaysia | 5010.KL | Main
Reference
Report Year: 2023
Source Files: THR_2023_Annual_Report.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Lead ESG performance 🟢
- Formulate ESG policies 🟢
- Stakeholder engagement 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Tong Herr Resources Berhad's 2023 sustainability report lacks detailed GHG accounting. There is no data on Scope 1, Scope 2, or Scope 3 emissions, nor information on base year, boundary, or inventory. The absence of third-party verification and carbon intensity metrics further limits transparency. While energy consumption (14.94 million MW) and water usage (281,289.85 megaliters) are reported, these are not translated into emissions data. A key improvement area is to establish a comprehensive GHG inventory using recognized standards like the GHG Protocol. Additionally, adopting third-party verification would enhance credibility. The current reporting provides a basic overview but falls short of detailed environmental impact assessment, which is critical for stakeholders seeking robust sustainability insights.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not provided in the report. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not provided in the report. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not provided in the report. |
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
- 14.94M MW consumed 🟢
- 281K megaliters water used 🟢
Social Highlights
- 561 employees trained on safety 🟢
- MYR 30K community investment 🥗
- 100% anti-corruption training 🟢
- 4,017 total training hours 🟢
- 0 fatalities 🟢
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initiative by Tong Herr Resources Berhad in integrating sustainability into its 2023 report with a dedicated Sustainability Committee and adherence to the GRI framework 🟢. The report provides quantifiable social data, such as training hours (4,017 total) and community investment (MYR 30,000), which reflect measurable outcomes. However, the lack of GHG emissions data and third-party verification is a significant gap ⚠️. Environmental reporting is limited to energy and water usage without deeper analysis or forward-looking commitments like net-zero targets. Generic statements on sustainability commitment lack supporting evidence or specific metrics. To improve, the company should incorporate detailed GHG accounting, adopt third-party verification, and outline clear future goals. Overall, the report offers a foundation but requires more depth and transparency to meet evolving stakeholder expectations.
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