POH KONG HOLDINGS BERHAD

Malaysia | 5080.KL | Main

By Sustify.world AI model | 2025-05-25
Poh Kong Holdings Berhad, an investment holding company, manufactures, trades in, and retails jewelry, bullion, precious and semi-precious stones, and gold ornaments primarily in Malaysia. The company's products include gold bars, notes, and coins; rings, couple rings, bracelets, pendants, necklace, bangles, and earrings; and white and rose gold, diamonds, pearls, jades, and personalized and fine jewelry. It operates as a licensee for Disney. In addition, the company supplies and retails packing and utility products; provides franchise management services; and invests in properties. Poh Kong Holdings Berhad operates a network of jewelry retail outlets under the Poh Kong, Poh Kong Gallery, Diamond & Gold, Diamond Boutique, Gold Boutique, and Oro Bianco names. The company offers its products under the Tranz, Happy Love, Anggun, and The Art of Auspicious brands; and distributes various jewelry and diamond products under international brands, including Luca Carati, Moraglione 1922, Hemera, and D'First. Poh Kong Holdings Berhad sells its products online. The company was founded in 1976 and is headquartered in Petaling Jaya, Malaysia.

Reference

Report Year: 2024
Source Files: PKHB_AR2024_(Part_2).pdf

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No specific framework mentioned ⚠️

GHG Accounting

Poh Kong Holdings Berhad's sustainability report for 2024 lacks comprehensive GHG accounting data. There is no mention of Scope 1, Scope 2, or Scope 3 emissions, nor any details on base year, boundary, or inventory. The absence of a specified standard (e.g., GHG Protocol) and third-party verification further limits the credibility of environmental impact reporting. While the report highlights general commitments to environmental stewardship, such as waste management, there are no measurable emission reduction targets or outcomes. Improvements needed include establishing a GHG inventory, adopting recognized frameworks, and engaging third-party verification to enhance transparency and accountability in environmental performance.

Emissions

Scope Value Note
Scope1 Not reported ⚠️ No data available on Scope 1 emissions.
Scope2 Not reported ⚠️ No data available on Scope 2 emissions.
Scope3 Not reported ⚠️ No data available on Scope 3 emissions.
Biogenic emissions Not applicable → No biomass or biofuel usage reported.

Other Details

  • Base year: Not reported ⚠️
  • Boundary inventory: Not reported ⚠️
  • Gwp basis: Not reported ⚠️
  • Standard: Not reported ⚠️
  • Data collection approach: Not reported ⚠️
  • Third party verification: Not reported ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • 117.0 MT waste managed 🟢

Social Highlights

  • Employee engagement on satisfaction 🟢
  • Career development programs 🟢
  • 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 Poh Kong Holdings Berhad's 2024 sustainability report. While the report demonstrates a commitment to sustainability through materiality assessments and alignment with UNSDGs, it lacks quantifiable actions and measurable outcomes in critical areas like GHG emissions and specific environmental targets ⚠️. Generic statements about environmental stewardship and employee well-being are present, but they are not backed by detailed metrics or forward-looking commitments. The mention of waste management (117.0 MT in FYE2024) is a positive step 🟢, yet broader impact data is missing. To enhance credibility, the company should adopt recognized reporting frameworks (e.g., GRI), provide specific emission data, and include third-party verification. Incorporating clear, measurable goals and forecasting for sustainability initiatives would further strengthen the report's quality and transparency.

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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.

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