HPMT HOLDINGS BERHAD
Malaysia | 5291.KL | Main
Reference
Report Year: 2023
Source Files:
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Reviewed strategies 🟢
- Monitored initiatives 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
HPMT Holdings Berhad's 2023 sustainability report lacks detailed GHG emissions data across all scopes (Scope 1, 2, and 3), with no information on base year, boundary, or inventory. There is no mention of adherence to standards like GHG Protocol or ISO 14064, nor any indication of third-party verification. The absence of quantifiable metrics hinders a comprehensive assessment of their carbon footprint. A positive note is their roadmap to report GHG emissions by 2024, indicating future intent. Improvements are needed in establishing a clear GHG inventory, adopting recognized standards, and pursuing verification to enhance credibility. Addressing these gaps will be crucial for aligning with industry best practices and stakeholder expectations.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided in the report. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided in the report. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided 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 verified
- Carbon intensity: Not reported ⚠️
Efforts
- DOE-compliant waste disposal 🟢
- AI/IoT for defect reduction 🌱
- Material repurposing 🌱
Social Highlights
- 295 employees trained 🟢
- 161 employees in emergency training 🟢
- RM13,000 community investment 🥗
- 50 beneficiaries 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initial steps are evident in HPMT Holdings Berhad's 2023 sustainability report, with a clear commitment to integrating sustainability into their operations 🟢. The report outlines a structured approach through the Sustainability Committee and a 5-year roadmap, including plans to adopt TCFD recommendations by 2027. However, the content lacks quantifiable outcomes in critical areas like GHG emissions, with no data on Scope 1, 2, or 3, and limited forward-looking commitments beyond maintaining 2023 levels for key indicators ⚠️. Generic statements such as 'committed to sustainability' are present but unsupported by measurable evidence. To improve, HPMT should prioritize detailed GHG accounting, third-party verification, and specific, time-bound targets. This would transform a foundational report into a robust tool for stakeholder engagement and accountability.
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.