KEIN HING INTERNATIONAL BERHAD
Malaysia | 7199.KL | Main
Reference
Report Year: 2024
Source Files: KHIB_Annual_Report_2024.md
Sustainability Committee
Sustainability Committee (5 pax) 🟢
- Oversight of sustainability strategy 🟢
- Review of policies 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
KEIN HING INTERNATIONAL BERHAD's sustainability report for FYE 2024 lacks detailed GHG accounting data, with no reporting on Scope 1, 2, or 3 emissions. The absence of a base year, emission boundaries, and standards like GHG Protocol or ISO 14064 indicates a significant gap in transparency. No third-party verification is mentioned, reducing the credibility of environmental claims. While the report acknowledges climate change and commits to disclosing emissions management in the next financial year, current efforts are minimal. Improvements are needed, including adopting a recognized framework, establishing a baseline for emissions, and seeking external assurance to enhance accountability and stakeholder trust.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not disclosed for FYE 2024. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not disclosed for FYE 2024. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not disclosed for FYE 2024. |
| 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 verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No specific initiatives ⚠️
- Disclosure planned for 2025 →
- Solar street lamps (RM70,000) 🌞
- Exploring solar PV panels 🌞
- Switched to LED lighting 🌱
Social Highlights
- RM132,000 invested, 232 beneficiaries 🥗
- 132 employees trained on safety 🟢
- 40 children in Child Care Centre 🥗
- 64 blood donors, potential 192 lives saved 🟢
- LTIR 0.60 (target 1.00) 🟢
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable social initiatives are evident in KEIN HING INTERNATIONAL BERHAD's 2024 sustainability report, with quantifiable metrics such as RM132,000 invested in community programs and 132 employees trained on safety standards 🟢. The report also highlights forward-looking plans to disclose emissions and waste management data in FYE 2025. However, significant gaps exist in environmental reporting, particularly the absence of GHG emissions data and lack of a recognized framework like GRI or TCFD ⚠️. Generic statements about sustainability commitment lack supporting evidence or measurable outcomes. To strengthen credibility, the company should adopt a global reporting standard, provide detailed emissions data with third-party verification, and set clear, time-bound targets for environmental performance. Overall, the report provides a foundation but requires deeper substance in environmental accountability.
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