TEK SENG HOLDINGS BERHAD
Malaysia | 7200.KL | Main
Reference
Report Year: 2024
Source Files: TEK_SENG_AR_2023_(BURSA).md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
TEK SENG HOLDINGS BERHAD's sustainability report for 2024 provides limited details on GHG accounting. While energy consumption data is reported (88,054 GJ in 2023), there is no explicit breakdown of Scope 1, 2, or 3 emissions, nor is a base year or boundary defined. The absence of a recognized standard like GHG Protocol and lack of third-party verification (not mentioned) are notable gaps. The report references UK Government GHG Conversion Factors for fuel consumption, which is a positive step. However, to strengthen credibility, the company should adopt a formal GHG accounting framework, define emission scopes, and pursue verification. Additionally, disclosing carbon intensity metrics would provide a clearer picture of environmental impact relative to operations.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions not explicitly reported. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions not explicitly reported, though electricity consumption is detailed. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not mentioned. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: UK Government GHG Conversion Factors 🟢
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy consultant engaged 🟢
- Solar panels adopted 🌞
- Energy-efficient compressors planned 🌱
- Thermal oil system exploration 🌱
Social Highlights
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Room for Improvement in TEK SENG HOLDINGS BERHAD's 2024 sustainability report. The report offers a basic overview of energy consumption with quantifiable data like 88,054 GJ consumed in 2023 🟢, which is a positive starting point. Initiatives such as engaging an energy consultant and adopting solar panels demonstrate actionable steps. However, the absence of a formal sustainability framework, GHG emission scopes, and third-party verification limits credibility ⚠️. Generic commitments to 'continuous improvement' lack specific targets or measurable outcomes. Forward-looking statements are vague, with no clear net-zero or reduction goals. To enhance reporting quality, the company should adopt recognized standards like GRI or TCFD, provide detailed GHG accounting, and set measurable targets. Incorporating verified data and specific social impact metrics would further strengthen the report’s impact.
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