KIM LOONG RESOURCES BERHAD
Malaysia | 5027.KL | Main
Reference
Report Year: 2024
Source Files: KLRB-AR_(2024).pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No Framework Specified ⚠️
GHG Accounting
The sustainability report of Kim Loong Resources Berhad for 2024 lacks detailed information on GHG accounting. There is no data on Scope 1, Scope 2, or Scope 3 emissions, and critical elements such as base year, boundary, GWP basis, and verification status are absent. This indicates a significant gap in transparency and accountability in carbon emissions reporting. To improve, the company should establish a comprehensive GHG inventory, adopt recognized standards like the GHG Protocol, and consider third-party verification to enhance credibility. Including carbon intensity metrics would also provide stakeholders with a clearer picture of environmental impact relative to business operations.
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 ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Social Highlights
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in Sustainability Reporting ⚠️. The 2024 sustainability report of Kim Loong Resources Berhad provides limited insights into the company’s environmental, social, and governance (ESG) efforts. While there is evidence of director training on ESG topics, the report lacks quantifiable actions and measurable outcomes, such as specific emission reductions or social impact metrics. There are no forward-looking commitments or targets, such as net-zero goals, which could demonstrate strategic intent. Much of the content appears generic, with little evidence to support claims of sustainability focus. To enhance the report’s credibility, the company should incorporate specific metrics, adopt recognized frameworks like GRI or TCFD, and provide verified data. Including detailed social initiatives and governance disclosures would also strengthen stakeholder trust. Overall, this report serves as a starting point but requires significant depth to meet best practices 🟢.
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