CYL CORPORATION BERHAD
Malaysia | 7157.KL | Main
Reference
Report Year: 2023
Source Files: Annual_Report_2023_(updated).pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Board and MD oversight 🟢
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
CYL Corporation Berhad's sustainability report for 2023 lacks detailed GHG accounting data, with no specific figures for Scope 1, 2, or 3 emissions. There is no mention of a base year, boundary, or inventory, nor any reference to standards like GHG Protocol or third-party verification. While the company highlights efforts to reduce carbon footprint through automation and energy-saving measures like LED lighting, the absence of quantifiable emission data limits the assessment of their impact. A key improvement needed is the inclusion of absolute emission figures and a structured GHG inventory to provide transparency and track progress effectively. Adopting recognized frameworks and verification processes would further strengthen credibility.
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 specified ⚠️
- 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
- Automation for efficiency 🟢
- Energy conservation policy 🟢
- Adopted LED lighting 🌞
- Exploring solar energy 🌞
- Recycling polypropylene bags 🟢
Social Highlights
- 45-hour work week 🟢
- Minimum wage RM1,500 🟢
- Safety and first aid training 🟢
- Worker transport & lodging 🟢
- Structured employee training 🟢
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initial steps are evident in CYL Corporation Berhad's 2023 sustainability report, particularly in outlining social initiatives and energy-saving efforts 🟢. The report highlights measurable actions like minimum wage adjustments and structured training programs, which reflect a focus on employee well-being. However, the absence of specific quantifiable environmental metrics, such as GHG emissions data or waste reduction percentages, limits the depth of analysis ⚠️. Generic statements about sustainability commitment lack supporting evidence or measurable outcomes. Additionally, there are no forward-looking commitments like net-zero targets. To improve, the company should incorporate third-party verification, adopt recognized reporting frameworks like GRI, and provide detailed emission data with clear targets. This would enhance transparency and demonstrate a stronger commitment to sustainability.
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