GRAND CENTRAL ENTERPRISES BHD
Malaysia | 5592.KL | Main
Reference
Report Year: 2024
Source Files: ANNUAL_REPORT_2024.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Multi-tiered governance 🟢
- Green Stewards per hotel 🟢
Reporting
UN SDGs, Integrated Report 🟢
GHG Accounting
GRAND CENTRAL ENTERPRISES BHD demonstrates a basic commitment to GHG accounting by reporting Scope 1 (12 tCO₂e) and Scope 2 (4,075 tCO₂e) emissions for 2024. However, Scope 3 emissions are not reported, which limits the comprehensiveness of their carbon footprint assessment. Key details such as base year, boundary & inventory, GWP basis, and third-party verification status are missing, indicating a gap in transparency and standardization. The report lacks information on data collection approaches or adherence to recognized standards like the GHG Protocol. To improve, the company should prioritize Scope 3 reporting, adopt a clear standard, and seek third-party verification to enhance credibility and align with global best practices.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 12 tCO₂e 🟢 | |
| Scope2 | 4,075 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not reported ⚠️ |
| 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 specified
- Carbon intensity: Not reported ⚠️
Efforts
- Emission reduction target 🟢
- 3.64 tonnes waste diverted 🟢
- Energy-efficient tech 🌞
- Rainwater collection 🌱
Social Highlights
- 8 programs, 982 helped 🥗
- RM4,977 invested 🥗
- 48 employees trained 🟢
- 1,055 training hours 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable initial steps are evident in GRAND CENTRAL ENTERPRISES BHD’s 2024 sustainability report 🟢. The integrated report highlights quantifiable actions such as a 1.3% reduction in electricity consumption and specific metrics for waste diversion (3.64 tonnes) and community impact (assisting 982 people). However, the report lacks depth in key areas ⚠️. GHG accounting is incomplete without Scope 3 data or verification details, and forward-looking commitments are vague, with generic statements like 'target to reduce emissions' lacking specific timelines or measurable goals. To strengthen future reports, the company could incorporate third-party verification, provide detailed forecasting (e.g., net-zero targets by a specific year), and avoid broad claims without supporting data. Overall, the report provides a foundation but needs more robust evidence and transparency to meet global standards.
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