KAWAN FOOD BERHAD
Malaysia | 7216.KL | Main
Reference
Report Year: 2023
Source Files: KAWAN_FOOD_BERHAD_-_AR_2023_(PART_2).pdf
Sustainability Committee
Sustainability Steering Committee (Members: Unknown) π’
- Oversight of sustainability π’
Reporting
GRI, Integrated Report π’
GHG Accounting
Kawan Food Berhad demonstrates initial efforts in GHG accounting by reporting Scope 1 and Scope 2 emissions for 2023, reflecting a commitment to environmental transparency. A notable strength is the avoidance of 1,649 tonnes of COβ through energy efficiency and renewable energy initiatives. However, the report lacks critical details such as absolute emission figures, a defined base year, operational boundaries, and third-party verification, limiting its robustness. Scope 3 emissions are also unreported, which is a significant gap. To improve, the company should establish a clear baseline, adopt a recognized standard like the GHG Protocol, and pursue external assurance for credibility. These steps would enhance the reliability and comparability of their emissions data.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Scope 1 reported π’ | Exact figures not specified in absolute terms. |
| Scope2 | Scope 2 reported π’ | Exact figures not specified in absolute terms. |
| Scope3 | Scope 3 not reported β οΈ | No data provided for Scope 3 emissions. |
| Biogenic emissions | Not applicable β | No biomass or biofuel usage reported. |
Other Details
- Base year: Base year not specified β οΈ
- Boundary inventory: Boundary not specified β οΈ
- Gwp basis: GWP basis not specified β οΈ
- Standard: Standard not specified β οΈ
- Third party verification: Not third-party verified β οΈ
- Carbon intensity: Carbon intensity not reported β οΈ
Efforts
- 1,649 tCOβ avoided π’
- 3.47 GWh solar energy π
- Water monitoring system π’
- Sustainable packaging initiatives π±
Social Highlights
- 67.44% LTI reduction π’
- RM268.68k to community projects π₯
- Inclusive hiring π’
- Technology training for employees π’
- 100% export customer satisfaction π’
Governance
- Salary disclosure: Disclosed π’
- Litigation: Canβt find β οΈ
Report Quality
Commendable foundation in sustainability reporting by Kawan Food Berhad π’. The 2023 integrated report, aligned with the GRI framework, provides a structured overview of their efforts. Strengths include quantifiable actions such as a 67.44% reduction in Lost Time Injury, COβ avoidance of 1,649 tonnes through energy efficiency, and community contributions of RM268.68k. However, the report has gaps β οΈ, particularly in GHG accounting, where absolute emission figures, base years, and third-party verification are missing. Forward-looking commitments like achieving sustainability goals by FY2030 are noted, but some lack specificity or measurable targets. To enhance credibility, the company should incorporate external assurance, provide detailed emission data, and avoid generic statements without evidence. Overall, the report offers a solid base but could benefit from deeper granularity and validation.
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