KIM HIN INDUSTRY BERHAD
Malaysia | 5371.KL | Main
Reference
Report Year: 2023
Source Files: KIMHIN-AR_2023_Part_1_(Amended).md, KIMHIN-AR_2023_Part_1.md
Sustainability Committee
Sustainability Working Committee (Unknown pax) 🟢
- Supervises sustainability plans 🟢
- Performance consolidation 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
Kim Hin Industry Berhad demonstrates initial efforts in GHG accounting with a focus on Scope 2 emission reduction through solar PV systems, avoiding 1,224 tonnes of CO₂e annually 🟢. However, the report lacks comprehensive data on Scope 1 and Scope 3 emissions, base year, boundary definitions, and adherence to recognized standards like GHG Protocol or ISO 14064 ⚠️. The absence of third-party verification further limits credibility. To improve, the company should establish a full GHG inventory, adopt international frameworks, and pursue independent assurance for transparency. Expanding Scope 3 reporting and setting clear reduction targets with timelines would strengthen their sustainability profile and align with industry best practices.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Avoided 1,224 tCO₂e 🟢 | Scope 2 reduction via solar PV systems. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
Efforts
- Avoided 1,224 tCO₂e 🟢
- Recycled materials 🟢
- Solar PV systems (1.67 MWp) 🌞
- Clean fuels (LNG/LPG) 🌱
Social Highlights
- 1,012 employees trained 🟢
- MYR 36,310 community investment 🥗
- 120 beneficiaries 🥗
- 8,320 training hours 🟢
- 577 in fire drill training 🟢
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initiative by Kim Hin Industry Berhad in integrating sustainability into their 2023 report 🟢. The report highlights quantifiable actions such as avoiding 1,224 tonnes of CO₂e through solar PV systems and training 1,012 employees on health and safety, demonstrating measurable outcomes. Community investments (MYR 36,310) and workforce diversity data further enrich the disclosure. However, significant gaps exist, including the lack of comprehensive GHG accounting for Scope 1 and 3 emissions, absence of third-party verification, and no mention of recognized reporting frameworks like GRI or TCFD ⚠️. Forward-looking commitments or specific net-zero targets are also missing. While the report provides a solid foundation, it could benefit from adopting international standards, ensuring independent assurance, and detailing long-term sustainability goals to enhance credibility and transparency. More specificity in environmental and governance disclosures would further strengthen stakeholder trust.
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