DFCITY GROUP BERHAD

Malaysia | 5165.KL | Main

By Sustify.world AI model | 2025-05-24
DFCITY Group Berhad, an investment holding company, manufactures and sells dimension stones and related products primarily in Indonesia and Malaysia. It operates through four segments: Sales of Goods, Construction, Property Development, and Others. The company is involved in the sourcing, processing, and distribution of dimension stones, such as granite, marble, sandstone, and slate for various applications in the commercial and residential properties, including façade walls, flooring, staircases, monuments, furniture, pillars, garden sets, and landscaping; and construction and renovation works for homes and offices. It also develops and rents properties. The company was formerly known as Hock Heng Stone Industries Bhd. and changed its name to DFCITY Group Berhad in September 2020. DFCITY Group Berhad was founded in 1988 and is headquartered in Malacca, Malaysia.

Reference

Report Year: 2023
Source Files: DFCITY_-_Annual_Report_2023.pdf

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No Frameworks Identified ⚠️

GHG Accounting

DFCITY GROUP BERHAD's sustainability report for 2023 lacks detailed information on GHG accounting. There is no reporting on Scope 1, Scope 2, or Scope 3 emissions, and critical elements such as base year, boundary, and inventory are absent. Additionally, there is no mention of standards like the GHG Protocol, data collection approaches, or third-party verification. The report does not address carbon intensity or biogenic emissions, the latter being not applicable due to no reported biomass usage. To improve, the company should establish a GHG inventory, adopt recognized standards, and consider external verification to enhance credibility and transparency in environmental impact reporting.

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 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 ⚠️

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 DFCITY GROUP BERHAD's 2023 sustainability report. While the report acknowledges the importance of sustainability across economic, environmental, and social dimensions, it lacks quantifiable actions and measurable outcomes ⚠️. Statements are largely generic, such as 'aiming to create value,' without specific metrics or evidence to support claims. There is no mention of forward-looking commitments or targets, such as emission reduction goals or net-zero timelines. Stakeholder engagement is outlined, which is a positive step 🟢, but lacks depth in impact reporting. To enhance future reports, the company could include specific data on environmental and social initiatives, adopt recognized frameworks like GRI or TCFD for structure, and provide verifiable metrics. Incorporating third-party assurance would also boost credibility 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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