CJ CENTURY LOGISTICS HOLDINGS BERHAD
Malaysia | 7117.KL | Main
Reference
Report Year: 2024
Source Files: 2024_Annual_Report.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- 2 meetings 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
CJ Century Logistics has initiated efforts to measure GHG emissions, achieving a 19.2% reduction compared to the 2021 baseline, which is commendable. However, the report lacks detailed breakdowns for Scope 1 and Scope 2 emissions, and Scope 3 is entirely unreported, limiting the comprehensiveness of their carbon accounting. The absence of information on GWP basis, standards used, data collection methods, and third-party verification indicates a gap in transparency. To improve, the company should provide granular data for all scopes, adopt recognized standards like GHG Protocol, and pursue third-party verification to enhance credibility. Additionally, reporting carbon intensity metrics would offer better insight into efficiency.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not specified ⚠️ | Specific Scope 1 data not detailed in report ⚠️ |
| Scope2 | Not specified ⚠️ | Specific Scope 2 data not detailed in report ⚠️ |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not included in report ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2021
- Boundary inventory: Not specified
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Not specified
- Third party verification: Not mentioned
- Carbon intensity: Not reported ⚠️
Efforts
- 19.2% reduction 🟢
- Solar projects at 44% warehouses 🌞
- 80% electric forklifts ⚡
- 592.36 tonnes waste diverted 🟢
Social Highlights
- 83.1% customer satisfaction 🟢
- 3.68/5 engagement rating 🟢
- 17.6 training hours/employee 🟢
- Zero fatalities 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Positive Strides with Room for Growth 🟢. CJ Century Logistics’ 2024 sustainability report demonstrates a solid commitment to ESG principles, with quantifiable achievements like a 19.2% GHG reduction compared to 2021 and solar projects at 44% of warehouses. The integration of TCFD and GRI frameworks adds credibility to their reporting structure. Measurable outcomes in social initiatives, such as 17.6 training hours per employee, are also commendable. However, the report falls short on detailed GHG accounting, with missing Scope 1 and 2 breakdowns and no Scope 3 data ⚠️. Generic statements about sustainability commitment lack supporting evidence in some areas. Forward-looking commitments, like net-zero by 2050, are promising but need more actionable interim targets. To enhance future reports, the company should prioritize third-party verification, detailed emissions data, and more specific measurable outcomes across all ESG pillars.
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