TXCD BERHAD

Malaysia | 7145.KL | Main

By Sustify.world AI model | 2025-05-25
Txcd Berhad, an investment holding company, engages in the mineral resources trading; property development; and engineering, procurement, construction, and commissioning (EPCC) activities in Malaysia. It operates through three segments: Construction, Property Development, and Others. The company's construction projects include residential and commercial properties comprising landed properties, high-rise properties, transportation hubs, and infrastructure works. It also offers information technology (IT) systems software and solutions; information technology software, hardware, and accessories; and software customization, IT, and data analysis services. In addition, the company is involved in the building construction; trading of construction raw materials; wholesale of a variety of goods; business, and general trading activities; and trading of sugar, paddy, and Information of Things (IOT) vending machines. Further, it acts as traders, importers, exporters, and wholesalers; sells various products through vending machines; act as marketers, agents, and distributors of vending machines; provides a platform for customer loyalty reward program and membership management, as well as to transact any business concerns. The company was formerly known as Ageson Berhad and changed its name to Txcd Berhad in December 2024. Txcd Berhad was incorporated in 2002 and is based in Kuala Lumpur, Malaysia.

Reference

Report Year: 2024
Source Files: Ageson_-_Annual_Report_2024.md

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

GRI, Integrated Report 🟢

GHG Accounting

TXCD BERHAD's sustainability report for 2024 lacks detailed information on GHG accounting. No data is provided for Scope 1, Scope 2, or Scope 3 emissions, and critical elements such as base year, boundary, and inventory are not reported. There is no mention of standards used for emissions accounting, nor is there evidence of third-party verification. While the report acknowledges sustainability integration, the absence of quantifiable metrics limits its effectiveness. To improve, the company should prioritize establishing a GHG inventory, adopt recognized standards like the GHG Protocol, and consider third-party verification to enhance credibility and transparency in future reports.

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 verified ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts


Social Highlights

  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can't find ⚠️

Report Quality

Room for Improvement in TXCD BERHAD's 2024 sustainability report. While the report demonstrates a commitment to integrating sustainability into business operations and follows the GRI framework 🟢, it falls short in providing quantifiable actions and measurable outcomes. Key areas such as GHG emissions, social initiatives, and governance disclosures lack specific metrics or verifiable data ⚠️. The content remains largely generic, with statements about sustainability efforts lacking supporting evidence or forward-looking commitments. To enhance future reports, the company could focus on including specific targets (e.g., emission reduction goals), detailed social impact numbers, and third-party verification for credibility. Additionally, establishing a dedicated sustainability committee could strengthen oversight and accountability. Overall, the report provides a foundation but requires deeper substance to reflect meaningful progress.

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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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