MKH Oil Palm (East Kalimantan) Berhad
Malaysia | 5319.KL | Main
Reference
Report Year: 2024
Source Files:
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Oversees strategies 🟢
- Monitors ESG 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
MKH Oil Palm has initiated GHG accounting with Scope 1, 2, and partial Scope 3 reporting for 2024, using the GHG Protocol and IPCC guidelines. Scope 1 emissions stand at 11,104 tCO₂e, Scope 2 at 52 tCO₂e, and Scope 3 at 21 tCO₂e (employee commuting only), showing a commitment to tracking direct and indirect emissions. However, Scope 3 coverage is limited, missing other categories, and biogenic emissions from biomass usage in boilers are not accounted for, which is a significant gap. No third-party verification or carbon intensity metrics are reported, reducing credibility. Improvement is needed by expanding Scope 3 boundaries, including biogenic emissions in the GHG inventory, and pursuing external assurance for data reliability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 11,104 tCO₂e 🟢 | |
| Scope2 | 52 tCO₂e 🟢 | |
| Scope3 | 21 tCO₂e (Employee Commuting) 🟢 | Limited to employee commuting, other categories not reported ⚠️ |
Other Details
- Base year: Not specified
- Boundary inventory: Operational control in Malaysia and Indonesia
- Gwp basis: IPCC 2006 Guidelines
- Standard: GHG Protocol Corporate Accounting and Reporting Standard
- Data collection approach: Surveys for employee commuting, operational data for Scope 1 and 2
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Scope 2 & 3 monitoring 🟢
- 329,563 MT recycled 🟢
- Biomass boiler fuel 🌞
- Zero-burning policy 🌱
Social Highlights
- RM859,190 for CSR 🟢
- 1,542 trained on safety 🟢
- 530 quarters refurbished 🟢
- Schools for children 🥗
- 2,306 Ha for locals 🥗
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable start in sustainability reporting by MKH Oil Palm with an integrated report for 2024 🟢. The report offers quantifiable metrics like Scope 1-3 emissions (11,104 tCO₂e, 52 tCO₂e, 21 tCO₂e respectively), waste recycling (329,563 MT), and social contributions (RM859,190 for CSR). However, there are gaps in third-party verification for GHG data and limited Scope 3 coverage ⚠️. While forward-looking commitments like reducing emissions are mentioned, they lack specific targets or timelines. Some sections include generic statements (e.g., 'committed to sustainability') without measurable outcomes. To improve, the company should expand Scope 3 reporting, include biogenic emissions from biomass usage, pursue external assurance, and set clear, time-bound goals for emission reductions. Overall, the report provides a solid foundation but could benefit from deeper specificity and validation.
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