TEO SENG CAPITAL BERHAD
Malaysia | 7252.KL | Main
Reference
Report Year: 2023
Source Files: TEOSENG_-_AR2023.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
Teo Seng Capital Berhad's 2023 sustainability report lacks comprehensive data on GHG emissions, with no reporting on Scope 1, 2, or 3 emissions. Key elements such as base year, boundary, inventory, GWP basis, and accounting standards are not specified, limiting the transparency of their environmental impact assessment. Additionally, there is no third-party verification to validate the data provided. While energy consumption (26,729 MW) and water usage (45.494 megaliters) are reported, these are not linked to emission calculations. The report could be improved by establishing a clear GHG inventory, adopting international standards like the GHG Protocol, and engaging third-party verification to enhance credibility and accountability in environmental reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided in the report. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided in the report. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided in the report. |
| 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 efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
Social Highlights
- MYR 303,600 community investment 🟢
- 71 beneficiaries 🟢
- 89 employees trained on safety 🟢
- 3,904 training hours 🟢
- Limited data available ⚠️ (Additional social initiatives not detailed.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Moderate effort in sustainability reporting is evident in Teo Seng Capital Berhad’s 2023 integrated report 🟢. The report provides some quantifiable metrics, such as community investment (MYR 303,600), training hours (3,904), and energy consumption (26,729 MW), which add a layer of transparency. However, there are significant gaps ⚠️, particularly in GHG emissions accounting, with no data on Scope 1, 2, or 3 emissions and a lack of third-party verification. Forward-looking commitments or specific sustainability targets (e.g., net-zero goals) are absent, and much of the content remains generic, focusing on broad intentions rather than measurable outcomes. To improve, the company should incorporate detailed GHG inventories, adopt international reporting frameworks like GRI or TCFD, and provide verifiable data with external assurance. Enhancing forward-looking strategies would also demonstrate a stronger commitment to sustainability.
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