KNM GROUP BERHAD

Malaysia | 7164.KL | Main

By Sustify.world AI model | 2025-05-24
KNM Group Berhad provides project management, engineering, manufacturing, and maintenance services worldwide. It offers process equipment and modular process systems; provides EPCC and integrated solutions for downstream oil, gas and petrochemical plants, renewable energy, power and utilities, and infrastructures and buildings; and offers repairs, modification, inspection, maintenance, assembly, trouble shooting, and spare parts supply services. Its products include quench coolers, scraped surface exchangers, process gas waste heat recovery systems, process and pressure vessels, membrane technology systems, heat transfer equipment, sour gas and sulfur technology, compression systems, process skid packages and modules, and fired and heat recovery boilers. It also provides storage facilities, such as horizontal mounded bullets, storage tanks, process tanks, spheres, silos, and hoppers; and industrial and power plant services. In addition, it offers management, technical advisory, license and trademark, funding and treasury, non-destructive testing, project management and technical, financing, marketing, business development, consultancy, turnkey, administration, system engineering, industrial fabrication, and assembly services; operates waste to energy plants; constructs compressors, containers, silo, and conveyor technique; and provides machines, assets, apparatuses, and miscellaneous components. Further, it offers air cooled, shell and tube, and heavy duty heat exchangers, columns, towers, reactors, and other pressure vessels; alcohol/ethanol or fuel; fully welded plate type heat exchanger plates, bundle exchangers, and jacketed pressure vessels; repairs and installs machinery and equipment and construction of buildings; process technology for the biofuels and seeds extraction plants; and invests in properties and renewable energy industries. The company was founded in 1990 and is based in Seri Kembangan, Malaysia.

Reference

Report Year: 2023
Source Files: KNM_Group_Berhad_-_Annual_Report_2023.md

Sustainability Committee

Sustainability Committee (Members Unknown) 🟢

  • Periodic reviews 🟢
  • Quarterly meetings 🟢

Reporting

Integrated Report, No Specific Framework Mentioned ⚠️

GHG Accounting

KNM Group Berhad's sustainability report for 2023 lacks detailed GHG accounting data. There is no reporting on Scope 1, 2, or 3 emissions, base year, boundary, or inventory details. Additionally, critical elements such as GWP basis, standards (e.g., GHG Protocol), data collection methods, and third-party verification are absent. While the report highlights efforts in energy efficiency and waste management, the absence of quantifiable emission metrics limits transparency. Improvements are needed in establishing a robust GHG inventory, adopting recognized standards, and ensuring third-party verification to enhance credibility and align with global sustainability expectations.

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 reported ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • Electricity reduced to 2.5 Kwh/man-hour 🟢
  • Recycled 98% of 5.3M tonnes 🟢
  • Hydrogen economy focus 🌞
  • Renewable energy exploration 🌱

Social Highlights

  • 11,809 training hours 🟢
  • 335M share options granted 🟢
  • HSE compliance 🟢
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can't find ⚠️
  • Litigation: Debt restructuring litigation, 2024 🔴

Report Quality

Commendable intent is evident in KNM Group Berhad's 2023 sustainability report, with a clear focus on energy efficiency, waste management, and community engagement 🟢. The report highlights quantifiable actions such as a reduction in electricity consumption to 2.5 Kwh/man-hour and recycling 98% of 5.3 million tonnes of solid waste. However, it falls short in providing measurable outcomes for GHG emissions, lacking data on Scope 1, 2, and 3, and missing third-party verification ⚠️. Forward-looking commitments, like renewable energy expansion, are noted but remain vague without specific targets or timelines. Generic statements about sustainability commitment lack supporting evidence. To improve, KNM should incorporate detailed GHG accounting, adopt recognized frameworks like GRI or TCFD, and set measurable, time-bound goals for sustainability initiatives.

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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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