LII HEN INDUSTRIES BHD.
Malaysia | 7089.KL | Main
Reference
Report Year: 2023
Source Files: Lii_Hen_AR_2023_New_V10__Part_1.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Materiality review conducted 🟢
Reporting
Integrated Report, No Specific Framework Identified ⚠️
GHG Accounting
Lii Hen Industries Bhd. has not reported detailed GHG emissions data for Scope 1, 2, or 3 in their 2023 sustainability report. While the company demonstrates efforts in energy management, such as generating 478,701 kWh of green energy via solar PV systems, there is no structured GHG accounting framework mentioned, such as the GHG Protocol or ISO 14064. Key metrics like base year, boundary, and third-party verification are absent, limiting transparency. A significant improvement would be to establish a comprehensive GHG inventory, set a base year, and adopt international standards for reporting. Additionally, pursuing third-party verification could enhance credibility. Despite these gaps, their focus on renewable energy is a positive step toward reducing environmental impact.
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
Efforts
- 478,701 kWh green energy 🟢
- Wood dust management 🟢
- Solar PV system 🌞
- Sustainable rubber wood 🌱
Social Highlights
- 2,889 employees trained 🟢
- RM191,000 community investment 🥗
- RM33,000 bursary support 🥗
- 87/100 customer satisfaction 🟢
- Blood donation drive 🥗
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable Initiatives in Lii Hen Industries' 2023 sustainability report include quantifiable actions such as generating 478,701 kWh of green energy through solar PV systems and achieving an 87/100 customer satisfaction score 🟢. The report also highlights measurable social outcomes, like training 2,889 employees on safety standards and investing RM191,000 in community projects. However, significant gaps exist, particularly in GHG emissions reporting, with no data on Scope 1, 2, or 3 emissions, and a lack of forward-looking commitments like net-zero targets beyond a general endorsement of Malaysia’s 2050 goal ⚠️. Much of the content on environmental impact remains generic, lacking specific metrics or verification. To improve, the company should adopt international frameworks like GRI or TCFD, establish a detailed GHG inventory, and commit to verifiable targets. Overall, the report provides a foundation but requires deeper specificity and accountability.
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