KNM GROUP BERHAD
Malaysia | 7164.KL | Main
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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