TROPICANA CORPORATION BERHAD

Malaysia | 5401.KL | Main

By Sustify.world AI model | 2025-05-25
Tropicana Corporation Berhad engages in the property development businesses in Malaysia. It operates through three segments: Property Development and Property Management; Property Investment, Recreation and Resort; and Investment Holding and Others. The company develops residential and commercial properties; operates and manages hotels, resorts, golf courses, and club houses; invests in commercial and other properties; provides landscape services; and manages and operates private schools, and other operations. It provides property management and maintenance services; general trading; money lending and credit financing; management and education services; Provision of MM2H application services; business information, enterprise management consultation, marketing, and exhibition services; and consultancy services on conferences and exhibitions. In addition, it is involved in the management of car parking facilities; trading of building materials; agriculture, fishery; construction; and water treatment and supply businesses. Further, the company distributes and sells electricity; organic farming and vegetables; develops real estate; operates and manages department store and mall; sells land. It provides treasury, fund, cash, investment, financing and debt, financial risk management, and other related services; engages in timber and logging, food and beverage, and event organization businesses; and manufactures, distributes, wholesales, and trades in gloves, face masks, and other healthcare products. The company was formerly known as Dijaya Corporation Berhad and changed its name to Tropicana Corporation Berhad in May 2013. The company was incorporated in 1979 and is headquartered in Petaling Jaya, Malaysia.

Reference

Report Year: 2023
Source Files:

Sustainability Committee

Sustainability Committee (Unknown pax) 🟢

  • Oversees ESG initiatives 🟢
  • Annual EES monitoring 🟢

Reporting

GRI, TCFD, Integrated Report 🟢

GHG Accounting

Tropicana Corporation Berhad has outlined intentions to measure and report Scope 1, 2, and 3 emissions in the next financial year, showing a commitment to transparency in GHG accounting. However, the current report lacks specific data on emissions, base year, boundary, or standards used, which limits the assessment of their carbon footprint. No third-party verification is mentioned, reducing credibility of future data. The absence of carbon intensity metrics also hinders benchmarking. A key strength is their alignment with TCFD recommendations for climate risk disclosure. Improvements are needed in providing detailed GHG inventories, adopting a recognized standard like GHG Protocol, and engaging third-party verification to enhance trust and accountability in their sustainability journey.

Emissions

Scope Value Note
Scope1 Not reported ⚠️ Scope 1 data to be reported in next financial year.
Scope2 Not reported ⚠️ Scope 2 data to be reported in next financial year.
Scope3 Not reported ⚠️ Scope 3 data to be reported in next financial year.
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 mentioned ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • 2,200+ solar panels 🌞
  • 100% organic compost 🟢
  • Energy-efficient fittings 🌱
  • GBI certifications 🌱

Social Highlights

  • 11 km trails 🥗
  • Community engagement 🥗
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can't find ⚠️

Report Quality

Commendable framework adoption by Tropicana Corporation Berhad in their 2023 sustainability report 🟢, with alignment to GRI and TCFD standards providing a structured approach to ESG disclosure. The report highlights initiatives like solar panel installations and Green Building Index certifications, showing tangible environmental efforts. However, the lack of quantifiable emissions data and specific outcomes for GHG accounting is a significant gap ⚠️. Forward-looking commitments, such as reporting Scope 1, 2, and 3 emissions next year, are promising but need measurable targets to strengthen credibility. Social and governance sections also lack depth in metrics and transparency, with generic statements dominating over evidence-based results. The report could benefit from third-party verification, detailed impact numbers, and clearer forecasting of sustainability goals to elevate its quality and stakeholder trust.

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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.

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