AMWAY (MALAYSIA) HOLDINGS BERHAD
Malaysia | 6351.KL | Main
Reference
Report Year: 2021
Source Files: Amway_-Annual_Report_2021_-_Part_1.pdf, Amway_-_Annual_Report_2021_-_Part_2.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Formed in FY2021 🟢
- Consultant appointed 🟢
Reporting
MCCG 2021, Bursa Malaysia Requirements, Integrated Report 🟢
GHG Accounting
AMWAY (Malaysia) Holdings Berhad's 2021 sustainability report lacks detailed GHG accounting data, with no reporting on Scope 1, 2, or 3 emissions, base year, or verification status. The report mentions internal and external data collection methods like surveys and workshops, but without specifics on emissions or standards, the transparency is limited. Key gaps include the absence of quantifiable metrics and third-party verification, which are critical for credibility. To improve, the company should establish a clear GHG inventory, adopt recognized standards like the GHG Protocol, set a base year for tracking progress, and pursue external verification. Incorporating these elements would strengthen accountability and align with global sustainability expectations.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided in the report. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided in the report. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided in the report. |
| 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 ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No data ⚠️
- No data ⚠️
- No data ⚠️
- Product traceability refined 🌱
Social Highlights
- 100+ children supported 🥗
- 8,000 families aided 🥗
- Limited data available ⚠️ (Insufficient social initiatives reported for additional highlights.)
- Limited data available ⚠️ (Insufficient social initiatives reported for additional highlights.)
- Limited data available ⚠️ (Insufficient social initiatives reported for additional highlights.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initial steps by AMWAY (Malaysia) Holdings Berhad in their 2021 sustainability report 🟢, with the formation of a Sustainability Committee and plans for a group-wide Sustainability Framework. The report highlights social contributions, such as aiding 8,000 families during the pandemic, which reflect measurable impact. However, it falls short on quantifiable environmental metrics ⚠️, particularly in GHG emissions accounting, with no data on Scope 1, 2, or 3 emissions, and lacks third-party verification. Much of the content remains generic, with statements like 'committed to sustainability' unsupported by specific outcomes or forward-looking targets beyond framework completion in FY2022. To enhance credibility, the company should provide detailed emissions data, adopt global reporting standards like GRI or TCFD, and include verifiable commitments. This would transform a foundational report into a robust tool for stakeholder trust.
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