HEXTAR RETAIL BERHAD

Malaysia | 7202.KL | Main

By Sustify.world AI model | 2025-05-24
Hextar Retail Berhad, an investment holding company, engages in the manufacture and sale of wooden picture frame moldings and wooden pallets in North America, Australia, Malaysia, and internationally. The company operates through three segments: Wooden Picture Frame Mouldings, Other Timber Products, and Property Holding. It also engages in the manufacture and sale of various timber products; and property holding and rental activities, as well as operates as a sawmilling contractor. The company was formerly known as Classic Scenic Berhad and changed its name to Hextar Retail Berhad in March 2024. Hextar Retail Berhad was founded in 1955 and is headquartered in Rawang, Malaysia.

Reference

Report Year: 2023
Source Files:

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No Specific Framework ⚠️

GHG Accounting

HEXTAR RETAIL BERHAD's 2023 sustainability report lacks any detailed information on GHG emissions accounting. There is no mention of Scope 1, 2, or 3 emissions, nor are there details on base year, boundary, or inventory. Additionally, the report does not specify the use of any GHG accounting standards or third-party verification processes. While the company expresses a general commitment to mitigating environmental pollution, there are no quantifiable metrics or data to support these claims. A significant improvement would be to establish a comprehensive GHG inventory, adopt recognized standards like the GHG Protocol, and include measurable targets and verified data in future reports.

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


Social Highlights

  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can't find ⚠️
  • Litigation: Can't find ⚠️

Report Quality

Room for Improvement in HEXTAR RETAIL BERHAD's 2023 sustainability report ⚠️. While the report outlines a commitment to sustainability through policies on environmental compliance and workplace safety, it lacks quantifiable actions and measurable outcomes. There are no specific metrics, such as emission reductions or waste management data, to substantiate the claims. Additionally, the absence of forward-looking commitments or targets, like net-zero goals, limits the report's depth. The governance structure mentions oversight by the Board and Audit Committee, but a dedicated sustainability committee is missing. To enhance future reports, the company could adopt recognized frameworks like GRI, provide verifiable data on environmental and social impacts, and set clear, time-bound sustainability targets. This would transform generic statements into a robust, evidence-based narrative 🟢.

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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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