JCY INTERNATIONAL BERHAD
Malaysia | 5161.KL | Main
Reference
Report Year: 2024
Source Files:
Sustainability Committee
Sustainability Taskforce Teams 🟢
- ESG Taskforce Teams 🟢
- Steering Committee Oversight 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
JCY International Berhad has made initial efforts in reporting Scope 1 and Scope 2 emissions, noting a 23% increase in emissions for 2024 compared to 2023, alongside a 28% revenue growth. However, the report lacks detailed absolute figures, base year data, and boundary definitions, limiting the ability to assess performance comprehensively. Scope 3 emissions are not reported, which is a significant gap given supply chain impacts in the technology sector. Additionally, there is no mention of third-party verification or adherence to international standards like GHG Protocol. Improvements are needed in providing detailed metrics, adopting a standardized framework, and ensuring verification to enhance credibility. Incorporating Scope 3 data and carbon intensity metrics would provide a fuller picture of environmental impact.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Reported, 23% increase 🟢 | Exact figures not specified, only percentage increase provided ⚠️ |
| Scope2 | Reported, 23% increase 🟢 | Exact figures not specified, only percentage increase provided ⚠️ |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not included in the report ⚠️ |
| 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 mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 86% recycled materials 🟢
- 80.2% waste diverted 🟢
- Solar PV system proposed 🌞
- LED lighting adopted 🌱
Social Highlights
- 5,166 employees trained 🟢
- MYR 10,889 community investment 🥗
- Blood donation drives 🥗
- School donations 🥗
- Safety training programs 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initial steps by JCY International Berhad in integrating sustainability into their 2024 report 🟢. The report highlights quantifiable actions such as 86% recycled material usage and 80.2% waste diversion, alongside social initiatives like training over 5,000 employees on safety standards. However, the report falls short in providing detailed GHG emissions data, with only percentage increases for Scope 1 and 2 reported and no absolute figures or Scope 3 data ⚠️. Measurable outcomes are limited by the absence of third-party verification and standardized frameworks. Forward-looking commitments, such as the proposed solar PV system, are promising but lack specific timelines or targets. To improve, JCY should incorporate absolute emission figures, adopt international reporting standards, and provide verifiable data. Reducing generic statements like 'committed to sustainability' with evidence-based metrics would enhance credibility and impact.
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