TOMYPAK HOLDINGS BERHAD
Malaysia | 7285.KL | Main
Reference
Report Year: 2024
Source Files: Tomypak_-_AR_2024_(Part_1).pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Oversees ESG matters 🟢
- Formulates strategies 🟢
Reporting
TCFD, Integrated Report 🟢
GHG Accounting
TOMYPAK HOLDINGS BERHAD has made a commendable start in GHG accounting by establishing FY2024 as the baseline year for tracking emissions across Scopes 1, 2, and 3. The company reports quantifiable data for Scope 1 (531.68 tCO₂e), Scope 2 (3,069.23 tCO₂e), and limited Scope 3 (334.48 tCO₂e), demonstrating transparency in operational emissions. However, the absence of third-party verification and detailed standards (e.g., GHG Protocol) limits credibility. Additionally, carbon intensity is reported as reduction targets per revenue rather than absolute figures, which is non-standard. Improvement areas include adopting a recognized standard, expanding Scope 3 coverage, and securing verification to enhance data reliability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 531.68 tCO₂e 🟢 | Includes stationary combustion, fugitive emissions, company-owned vehicles |
| Scope2 | 3,069.23 tCO₂e 🟢 | Purchased electricity |
| Scope3 | 334.48 tCO₂e 🟢 | Limited to business travel (115.35 tCO₂e) and employee commuting (219.13 tCO₂e) |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2024
- Boundary inventory: Operational control for Scopes 1, 2, and limited Scope 3 (business travel and employee commuting)
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Not specified
- Third party verification: Not verified ⚠️
- Carbon intensity: Not specified ⚠️
Efforts
- Green Energy Tariff 🟢
- Reduced Scope 3 travel 🟢
- Solar-ready infrastructure 🌞
- Energy-efficient machinery 🌱
Social Highlights
- RM2,500 on CSR 🟢
- 3 CSR activities 🥗
- Ramadan community event 🥗
- EcoQuest sponsorship 🥗
- Beach clean-up 🥗
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Positive Strides in Sustainability Reporting 🟢. TOMYPAK HOLDINGS BERHAD's FY2024 Sustainability Report demonstrates a solid foundation with quantifiable actions such as GHG emissions data (e.g., Scope 1: 531.68 tCO₂e) and specific CSR investments (RM2,500 across 3 activities). The establishment of FY2024 as a baseline year and near-term targets (e.g., 3% GHG reduction by FY2025) reflect forward-looking commitments. However, the report lacks third-party verification for emissions data and detailed methodologies, which could enhance credibility ⚠️. While efforts like the Green Energy Tariff subscription are commendable, some statements remain generic (e.g., 'committed to sustainability') without deeper evidence of impact. To improve, the company should incorporate external assurance, expand Scope 3 reporting, and provide more measurable outcomes for social and governance initiatives. Overall, a promising start with room for deeper rigor.
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