KERJAYA PROSPEK GROUP BERHAD
Malaysia | 7161.KL | Main
Reference
Report Year: 2023
Source Files: Kerjaya_Prospek_AR2023_-_(bursa).md
Sustainability Committee
Risk Management and Sustainability Committee (4 pax) 🟢
- Overseeing sustainability 🟢
- Monitoring MSMs 🟢
Reporting
TCFD, Integrated Report 🟢
GHG Accounting
Kerjaya Prospek Group Berhad demonstrates initial efforts in GHG accounting by estimating Scope 1 and Scope 2 emissions using the GHG Protocol tools and Malaysia's Grid Emission Factor (0.758 tCO₂e/MWh). The focus on operational control for construction sites is a positive step. However, Scope 3 emissions are not reported, limiting a comprehensive view of their carbon footprint. The absence of third-party verification and a defined base year further weakens the credibility of the data. Improvements could include expanding the inventory to cover Scope 3, establishing a base year for tracking progress, and engaging third-party verification to enhance reliability. Developing a structured approach to climate-related disclosures aligned with TCFD recommendations, as planned, will also strengthen their reporting framework.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Estimated (GHG Protocol) 🟢 | Data for fuels estimated using Stationary Combustion and Transport Tools. |
| Scope2 | Estimated (0.758 tCO₂e/MWh) 🟢 | Based on 2021 Peninsula Malaysia Grid Emission Factor. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not disclosed in the report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Operational control 🟢
- Gwp basis: Not specified ⚠️
- Standard: GHG Protocol 🟢
- Data collection approach: Fuel & Electricity Data 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- GHG reduction initiatives 🟢
- IBS for waste reduction 🟢
- Aluminium formworks 🌱
- Centralized waste mgmt. 🌱
Social Highlights
- 3,727 jobs created 🟢
- 2,934 training hours 🟢
- 5.1 hrs/employee 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable Foundation in Sustainability Reporting 🟢. Kerjaya Prospek Group Berhad's 2023 integrated report provides a solid starting point with detailed governance structures and initial steps in GHG accounting. The establishment of the Risk Management and Sustainability Committee and alignment with TCFD recommendations are positive indicators of commitment. Quantifiable actions, such as 2,934 training hours and 3,727 jobs created, add credibility to their social impact claims. However, the report lacks depth in measurable environmental outcomes, particularly with Scope 3 emissions missing and no third-party verification for GHG data ⚠️. Forward-looking commitments, like net-zero targets, are also absent. The reliance on generic statements about sustainability without specific metrics or timelines dilutes the impact. To improve, the company should incorporate verified data, expand GHG reporting scope, and outline clear, time-bound sustainability goals. Enhancing stakeholder engagement disclosures would also add value to future reports.
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