PCCS GROUP BERHAD

Malaysia | 6068.KL | Main

By Sustify.world AI model | 2025-05-25
PCCS Group Berhad, an investment holding company, primarily manufactures, markets, and sells apparels in Malaysia, Cambodia, Hong Kong, Singapore, and the People's Republic of China. It operates in four segments: Apparel, Label and Packaging, Credit Financing, and Others. The company also engages in the research and development, manufacturing, import, and export of medical and healthcare products; manufacturing of embroidery, seamless bond, sublimation, and silk screen products; embroidering of logos and emblems; and printing and marketing of silk screen printing products; as well as provision of agency and handling services; and financial services, such as money lending, loan negotiation, and financing solutions. In addition, it is involved in the provision for management services; wholesale of medical, professional, scientific, and precision equipment; financial leasing activities; trading of labels and stickers; trading of brand apparel; and provision of design services. The company was founded in 1973 and is headquartered in Batu Pahat, Malaysia.

Reference

Report Year: 2024
Source Files: PCCS_Group_Berhad_-_Annual_Report_2024.pdf

Sustainability Committee

Sustainability Working Group Formed 🟒

  • Board Oversight 🟒
  • Operational Integration 🟒

Reporting

TCFD, Integrated Report 🟒

GHG Accounting

PCCS Group Berhad demonstrates a commitment to GHG accounting by reporting Scope 1, Scope 2, and Scope 3 emissions for FY2024, with a notable achievement of 100% Scope 2 offset at SGL through renewable energy sourcing. Scope 3 includes employee commute and business travel, showing expanded reporting boundaries. However, critical details such as base year, GWP basis, and accounting standards are missing, limiting comparability. The absence of third-party verification raises concerns about data reliability. A key improvement area is to establish a clear baseline and adopt recognized standards like GHG Protocol for transparency. Including carbon intensity metrics would further strengthen reporting. Overall, while progress is evident, enhancing rigor and validation will elevate credibility.

Emissions

Scope Value Note
Scope1 Reported 🟒 Specific data not provided in report ⚠️
Scope2 Reported 🟒 100% offset at SGL 🟒
Scope3 Reported 🟒 Includes employee commute and business travel 🟒
Biogenic emissions Not applicable β†’ No biomass or biofuel usage reported.

Other Details

  • Base year: Not specified ⚠️
  • Boundary inventory: Operational Control 🟒
  • Gwp basis: Not specified ⚠️
  • Standard: Not specified ⚠️
  • Data collection approach: Internal Monitoring 🟒
  • Third party verification: Not mentioned ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • 100% Scope 2 Offset 🟒
  • 87% Hazardous Waste Diverted 🟒
  • 92% Non-Hazardous Waste Diverted 🟒
  • 1.6M kWh Renewable Energy 🌞
  • 90% Recycled Materials 🌱

Social Highlights

  • 78% Women Employed 🟒
  • Zero Fatalities 🟒
  • Zero Human Rights Violations 🟒
  • Zero Discrimination Cases 🟒
  • 20% Staff Training Target πŸ₯—

Governance

  • Salary disclosure: Can’t find ⚠️

Report Quality

Commendable Initial Steps in sustainability reporting by PCCS Group Berhad for FY2024 🟒. The report showcases quantifiable actions such as 100% Scope 2 emissions offset at SGL and significant waste diversion rates (87% hazardous, 92% non-hazardous), reflecting measurable outcomes. The integration of TCFD-aligned climate reporting and Scope 3 emissions disclosure are positive developments. However, the report lacks critical details like GHG base year, accounting standards, and third-party verification, which limits data credibility ⚠️. Forward-looking commitments, such as specific net-zero targets, are vague and need clearer timelines. While the foundation is solid, the report could benefit from reducing generic statements like 'committed to sustainability' and focusing on verified metrics and long-term goals. Incorporating external assurance and detailed forecasting would significantly enhance transparency and stakeholder trust.

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