SENHENG NEW RETAIL BERHAD
Malaysia | 5305.KL | Main
Reference
Report Year: 2023
Source Files: SENHENG_-_Annual_Report_2023_(Part_2).pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Policy Development 🟢
- Operational Monitoring 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Senheng New Retail Berhad demonstrates a foundational approach to GHG accounting with reported data for Scope 1 (1,803 tCO₂e), Scope 2 (10,665 tCO₂e), and Scope 3 (194 tCO₂e) emissions in 2023. A key strength is the inclusion of all three scopes, providing a comprehensive view of their carbon footprint. However, critical details such as base year, boundary, GWP basis, and data collection approach are missing, limiting transparency. Additionally, the lack of third-party verification raises concerns about data reliability. To improve, Senheng should establish a clear baseline, adopt recognized standards like GHG Protocol, and pursue independent assurance to enhance credibility and stakeholder trust.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 1,803 tCO₂e 🟢 | |
| Scope2 | 10,665 tCO₂e 🟢 | |
| Scope3 | 194 tCO₂e 🟢 | |
| 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
- 100% LED adoption 🟢
- 100 tonnes recycled 🟢
- 4 systems installed 🌧️
- 95% digital documents 🌱
Social Highlights
- 2,718 employees trained 🟢
- RM575,000 community investment 🥗
- 18.41 hours training/employee 🟢
- RM400,000 education support 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable Foundation in Senheng's 2023 sustainability report, with clear reporting on GHG emissions across all scopes and quantifiable actions like 100% LED adoption and 100 tonnes of waste recycled 🟢. The integration of sustainability into governance via a dedicated committee is a positive step. However, the report lacks depth in critical areas, such as third-party verification for emissions data and detailed forward-looking commitments beyond TCFD alignment by 2025 ⚠️. Many statements, like 'committed to sustainability,' remain generic without measurable outcomes or specific timelines. To enhance credibility, Senheng should incorporate independent assurance, provide clearer targets for emission reductions, and expand on social impact metrics. Overall, the report offers a solid base but could benefit from greater specificity and accountability to truly reflect leadership in sustainability.
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