HUA YANG BERHAD
Malaysia | 5062.KL | Main
Reference
Report Year: 2024
Source Files: HYB_-_AR_2024.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- CEO-led strategy 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Hua Yang Berhad's 2024 sustainability report lacks detailed GHG accounting data, with no specific figures for Scope 1, 2, or 3 emissions. Key elements such as base year, boundary, GWP basis, and verification status are absent, limiting transparency. While the report highlights energy consumption (177,986 MW) and water usage (8,250 ML), these are not linked to emissions. Improvement is needed in adopting a standardized framework like GHG Protocol, reporting absolute emission values, and seeking third-party verification to enhance credibility. Addressing these gaps will strengthen their environmental accountability and align with industry best practices.
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 ⚠️
Efforts
- Energy-saving fixtures 🟢
- LED lighting 🟢
- Contractor-led waste disposal 🟢
- Construction recycling 🟢
- Rainwater harvesting 🌧️
Social Highlights
- 8+ hours training per employee 🟢
- 20-member ERT 🟢
- Near gender balance 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable foundation in Hua Yang Berhad’s 2024 sustainability report with an integrated approach and alignment to GRI standards 🟢. The report showcases quantifiable metrics like energy usage (177,986 MW), water consumption (8,250 ML), and training hours (e.g., 640 for executives), demonstrating a commitment to transparency in specific areas. However, significant gaps exist in GHG emissions data, with no Scope 1, 2, or 3 reporting, and a lack of third-party verification ⚠️. Forward-looking commitments, such as net-zero targets, are also missing. While initiatives like rainwater harvesting and LED lighting are positive, generic statements on sustainability lack measurable outcomes. The report could benefit from detailed emissions accounting, setting clear future targets, and incorporating external assurance to enhance credibility and stakeholder trust.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
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.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.