CHIN HIN GROUP PROPERTY BERHAD
Malaysia | 7187.KL | Main
Reference
Report Year: 2023
Source Files: Annual_Report_FYE_31_December_2023_PART_1.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Materiality assessment 🟢
- Strategy monitoring 🟢
Reporting
Bursa Securities' Guide, Integrated Report 🟢
GHG Accounting
CHIN HIN GROUP PROPERTY BERHAD's GHG accounting in 2023 lacks detailed reporting on emissions data. No Scope 1, 2, or 3 emissions are quantified, and critical elements such as base year, boundary, GWP basis, and verification status are absent. While the company mentions efforts to reduce carbon emissions through strategic project locations and virtual meetings, these are not supported by measurable outcomes. Strengths include a focus on sustainability in operations, but the lack of specific GHG data limits transparency. Improvements are needed in establishing a comprehensive GHG inventory, adopting recognized standards like GHG Protocol, and seeking third-party verification to enhance credibility and accountability in environmental reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No specific data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No specific 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
- Strategic locations 🟢
- Shared transport 🟢
- 0.6 MT recycled 🟢
- Green initiatives 🌞
- Rainwater usage 🌱
Social Highlights
- RM0.10M training 🟢
- 2,224 training hours 🟢
- Cultural events 🥗
- Yoga sessions 🥗
- 1,335 employees 🟢
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Commendable foundation in sustainability reporting by CHIN HIN GROUP PROPERTY BERHAD for 2023 🟢. The integrated report highlights quantifiable actions such as recycling 0.6 MT of waste and investing RM0.10 million in training, alongside measurable social outcomes like a workforce increase to 1,335 employees. However, the report falls short on environmental metrics, with no GHG emissions data or third-party verification provided ⚠️. Generic statements like 'committed to sustainability' lack supporting evidence, reducing transparency. Forward-looking commitments are vague, missing specific targets like net-zero goals. To improve, the company should quantify GHG emissions, adopt international frameworks like GRI or TCFD, and incorporate verified data. This would elevate the report from a solid base to a robust, credible document that stakeholders can rely on for decision-making.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
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.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.