YLI HOLDINGS BERHAD
Malaysia | 7014.KL | Main
Reference
Report Year: 2024
Source Files: YLI_Holdings_Berhad_Annual_Report_2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No Specific Framework Identified ⚠️
GHG Accounting
YLI Holdings Berhad's sustainability report for 2024 lacks any detailed information on GHG emissions accounting. There is no reporting on Scope 1, 2, or 3 emissions, and critical elements such as base year, boundary, GWP basis, and verification status are absent. The report does not mention adherence to recognized standards like the GHG Protocol or ISO 14064. This significant gap indicates a need for comprehensive emissions tracking and disclosure. Improvements could include establishing a baseline for emissions, defining operational boundaries, adopting international standards, and seeking third-party verification to enhance credibility. Without these, the company’s environmental impact remains unclear, limiting stakeholders’ ability to assess its sustainability performance.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Social Highlights
- 56 hours training for managers 🟢
- 143 hours training for executives 🟢
- 279 hours training for non-executives 🟢
- RM 61M on local purchases 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Room for Improvement in YLI Holdings Berhad’s 2024 sustainability report. While the report highlights social initiatives such as employee training programs with quantifiable metrics (e.g., 56 hours for managers, 279 hours for non-executives) 🟢, it lacks depth in environmental and governance disclosures. There is no data on GHG emissions or environmental impact, which is a critical gap for a comprehensive sustainability profile ⚠️. Additionally, the absence of forward-looking commitments or targets (e.g., net-zero goals) limits the report’s strategic value. Generic statements about employee welfare and local sourcing are present but often lack measurable outcomes beyond spending figures. The company could benefit from adopting recognized frameworks like GRI or TCFD, incorporating emissions accounting, and providing governance transparency on issues like executive remuneration. This would elevate the report’s credibility and usefulness for stakeholders.
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