CITAGLOBAL BERHAD

Malaysia | 7245.KL | Main

By Sustify.world AI model | 2025-05-24
Citaglobal Berhad, an investment holding company, engages in civil engineering, construction, and related works in Malaysia. It operates through four segments: Civil Engineering & Construction, Energy, Manufacturing, and Property Development. The company undertakes infrastructure construction contracts and onshore oil and gas downstream, renewable energy, and power generation activities. It is also involved in fabrication, assembly, and testing works; generates and delivers green electricity; trades in and provides other technical services in the oil and gas industries, as well as after-sale services for products; and mechanical works. In addition, the company engages in the manufacturing and processing of cold drawn bright steel and related steel products; property investment, development, and management activities; money lending; telecommunication tower services; renewable energy transition; fiberisation; and related telecommunication businesses; trading in mineral resources; and sand and quarry products; and operates as a contractor for civil, cabling, building, and electrical engineering works. Further, it offers corporate advisory and transportation agent services, and power generation and power solutions for the oil and gas industries and the power sector. The company was formerly known as WZ Satu Berhad and changed its name to Citaglobal Berhad in June 2022. Citaglobal Berhad was incorporated in 2004 and is based in Kuala Lumpur, Malaysia.

Reference

Report Year: 2022
Source Files: CITAGLOBAL_Annual_Report_2022.md

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No Specific Framework Mentioned ⚠️

GHG Accounting

CITAGLOBAL BERHAD's 2022 sustainability report lacks detailed GHG accounting data. There is no reporting on Scope 1, 2, or 3 emissions, nor any mention of a base year, boundary, or inventory. The report does not specify standards like the GHG Protocol or third-party verification, which limits transparency. While the company expresses a commitment to reducing environmental impact through resource management and compliance with laws, there are no quantifiable metrics or targets to assess progress. A key improvement area is to establish a robust GHG inventory with absolute emission figures and pursue third-party verification for credibility. Additionally, adopting a recognized framework would strengthen their environmental reporting.

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

  • Base year: Not reported ⚠️
  • Boundary inventory: Not reported ⚠️
  • Gwp basis: Not reported ⚠️
  • Standard: Not reported ⚠️
  • Data collection approach: Not reported ⚠️
  • Third party verification: Not verified ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • No data ⚠️
  • General commitment →
  • No data ⚠️
  • No data ⚠️

Social Highlights

  • 17.3M manhours without LTI 🟢
  • 7.8M manhours without LTI 🟢
  • 369 employees, diversity focus 🟢
  • Community donations 🥗
  • Limited data available ⚠️ (Insufficient additional quantifiable social initiatives reported.)

Governance

  • Salary disclosure: Can’t find ⚠️

Report Quality

Room for Improvement in CITAGLOBAL BERHAD’s 2022 sustainability report. The report outlines a general commitment to sustainability across economic, environmental, and social (EES) aspects, which is a positive starting point 🟢. Strengths include specific social metrics, such as manhours without Lost Time Injury (e.g., 17.3M for CG Energy), and community engagement through donations. However, the report lacks quantifiable environmental data, particularly on GHG emissions, with no Scope 1, 2, or 3 figures, targets, or verification ⚠️. Much of the content remains generic, with statements like 'commitment to reducing environmental impact' unsupported by measurable outcomes. Forward-looking commitments or forecasts are also absent. To enhance credibility, the company should incorporate specific metrics, adopt recognized frameworks like GRI, and pursue third-party verification. Adding clear targets and detailed progress updates would further strengthen the report’s impact.

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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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