MAXLAND BERHAD

Malaysia | 7123.KL | Main

By Sustify.world AI model | 2025-05-24
Maxland Berhad, an investment holding company, manufactures and sells wood products in Malaysia, Japan, Taiwan, Korea, India, and internationally. It operates through four segments: Logging, Manufacturing, Engineering, and Others. The company offers plywood, veneer, raw and laminated particleboard, sawn timber, and finger joint moulding products. In addition, it is involved in sale of logs; tree planting; provision of wood processing services; gate pass management services; and timber concession and reforestation activities. Further, the company offers hiring services; marine services, including the repair and maintenance of tugboats, barges, and others; delivery services, as well as undertakes construction contracts and engineering service and dredging works. Additionally, it engages in building of ships and floating structures, and repair of fabricated metal products. The company was formerly known as Priceworth International Berhad and changed its name to Maxland Berhad in June 2024. Maxland Berhadwas founded in 1992 and is headquartered in Sandakan, Malaysia.

Reference

Report Year: 2024
Source Files: Maxland_Annual_Report_2024_(to_Bursa).pdf, Maxland_Berhad_Annual_Report_2024.pdf

Sustainability Committee

Sustainability Committee (Unknown pax) 🟢

Reporting

GRI, Integrated Report 🟢

GHG Accounting

MAXLAND BERHAD's GHG accounting in the 2024 report lacks critical data across all scopes. No emissions data for Scope 1, 2, or 3 is reported, which hinders a comprehensive assessment of their carbon footprint. Additionally, key details such as base year, boundary, GWP basis, and verification status are absent, indicating a significant gap in transparency. The report mentions a focus on emissions reduction as a material matter but fails to provide quantifiable metrics or evidence of implementation. A major area for improvement is the inclusion of absolute emissions data and third-party verification to enhance credibility. Establishing a clear baseline and detailed methodologies would strengthen their GHG accounting framework and align with global standards like GRI.

Emissions

Scope Value Note
Scope1 Not reported ⚠️ No data provided for Scope 1 emissions.
Scope2 Not reported ⚠️ No data provided for Scope 2 emissions.
Scope3 Not reported ⚠️ No data provided for Scope 3 emissions.
Biogenic emissions Not applicable → No biomass or biofuel usage reported.

Other Details


Social Highlights

  • 19 employees trained on safety 🟢
  • 40 hours executive training 🟢
  • 40 hours non-executive training 🟢
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can’t find ⚠️
  • Litigation: Can’t find ⚠️

Report Quality

Room for Improvement in MAXLAND BERHAD’s 2024 sustainability report. While the report demonstrates a commitment to sustainability through alignment with the GRI framework 🟢 and integration into their annual report, it lacks depth in quantifiable actions and measurable outcomes. Key areas like GHG emissions, energy consumption, and waste management are identified as material matters but are not supported by specific data or progress metrics ⚠️. Social initiatives show some promise with training data, but community engagement lacks evidence of impact. Forward-looking commitments or targets (e.g., net-zero goals) are absent, limiting the report’s strategic value. The company could benefit from incorporating third-party verification, detailed emissions data, and clear, time-bound targets to enhance transparency and accountability. Overall, the report provides a foundation but needs more substance to meet stakeholder expectations.

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Disclaimer:

This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.

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