KUMPULAN H & L HIGH-TECH BERHAD
Malaysia | 7033.KL | Main
Reference
Report Year: 2023
Source Files: HIGHTEC_-_Annual_Report_2023_(Part_1).pdf
Sustainability Committee
Health and Safety Committee (Members Unknown) 🟢
- 8 meetings 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
KUMPULAN H & L HIGH-TECH BERHAD's sustainability report for 2023 lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, base year, or carbon intensity metrics. The report mentions a commitment to emissions reduction and setting targets but provides no quantifiable evidence or methodologies. Key gaps include the absence of third-party verification, data collection approaches, and adherence to standards like GHG Protocol. Improvement is needed by establishing a baseline for emissions, adopting recognized frameworks, and ensuring transparency through verified data. Without these, assessing the company's environmental impact remains challenging.
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. |
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 ⚠️
Efforts
- Emissions reduction commitment →
- Solar panels installed 🌞
- Waste management focus →
Social Highlights
- RM22,990 on training 🟢
- 53 training hours 🟢
- RM18,588 on cultural gifts 🥗
- RM9,910 CSR contribution 🥗
- Limited data available ⚠️ (Insufficient highlights with measurable impact.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in KUMPULAN H & L HIGH-TECH BERHAD’s 2023 sustainability report. While the report demonstrates a foundational commitment to sustainability through initiatives like employee training and community engagement 🟢, it lacks depth in quantifiable actions and measurable outcomes, particularly in GHG accounting and environmental impact metrics ⚠️. Generic statements such as 'commitment to emissions reduction' are noted, but without specific data or evidence, their credibility is limited. The absence of recognized frameworks (e.g., GRI, TCFD) further hinders transparency. Forward-looking commitments like reducing environmental footprint are mentioned, which is positive →, but lack detailed targets or timelines. To enhance future reports, the company should incorporate third-party verification, adopt global reporting standards, and provide specific metrics for environmental and social impacts. This would build a stronger, evidence-based narrative for stakeholders.
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