HO HUP CONSTRUCTION COMPANY BHD
Malaysia | 5169.KL | Main
Reference
Report Year: 2023
Source Files: HHCCB_-_Annual_Report_2023.md
Sustainability Committee
Sustainability Team Formed 🟢
- Coordinates initiatives 🟢
Reporting
Bursa Malaysia Guidelines, Integrated Report 🟢
GHG Accounting
HO HUP CONSTRUCTION COMPANY BHD's GHG accounting in 2023 focuses on Scope 1 emissions with an estimated 421,876 kg CO₂e from diesel consumption, calculated using an industry benchmark. This provides a basic insight into their direct emissions. However, Scope 2 and Scope 3 emissions are not reported, limiting a comprehensive view of their carbon footprint. Additionally, key details like base year, boundary, and adherence to standards such as GHG Protocol are missing. The lack of third-party verification further reduces credibility. To improve, the company should expand reporting to include all scopes, define clear boundaries, adopt recognized standards, and seek verification for data reliability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 421,876 kg CO₂e 🟢 | Estimated from diesel consumption |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Industry benchmark 🟢
- Standard: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Optimized delivery routes 🟢
- Reduced pollution incidents 🟢
- Rainwater harvesting 🌧️
- Green development policy 🌱
Social Highlights
- 220 training hours 🟢
- Weekly Zumba classes 🥗
- Community event participation 🥗
- 23% retention rate ⚠️ (High turnover rate of 77%)
- Limited data available ⚠️ (Insufficient measurable social impacts)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable foundation in HO HUP's 2023 sustainability report with some quantifiable actions like estimated Scope 1 emissions (421,876 kg CO₂e) and training hours (220 hours) 🟢. The integration of sustainability with Bursa Malaysia guidelines is a positive step. However, the report lacks depth in measurable outcomes for GHG accounting, with Scope 2 and 3 emissions unreported, and no third-party verification ⚠️. Social initiatives are highlighted, but impact metrics are limited. Governance disclosures, such as salary transparency, are missing. While forward-looking commitments align with SDGs, specific targets (e.g., net-zero goals) are vague. The report could benefit from detailed forecasting, verified data, and addressing gaps in emission scopes. Reducing generic statements like 'committed to sustainability' and focusing on evidence-based outcomes would enhance credibility.
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