CN ASIA CORPORATION BHD
Malaysia | 7986.KL | Main
Reference
Report Year: 2023
Source Files: CN_Asia_AR2023.md
Sustainability Committee
Sustainability Working Committee (Members Unknown) 🟢
- Regular meetings 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
CN Asia Corporation Bhd's sustainability report for 2023 lacks comprehensive GHG accounting data. No Scope 1, 2, or 3 emissions are reported, and critical details such as base year, boundary, GWP basis, and verification status are absent. While the report mentions energy consumption (e.g., electricity and water usage), it does not translate these into carbon emissions, limiting the ability to assess the company's environmental impact. Strengths include tracking of resource usage, but significant gaps remain in emissions reporting. To improve, CN Asia should adopt a recognized framework like the GHG Protocol, establish a base year, report absolute emissions across all scopes, and seek third-party verification for credibility.
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
Efforts
- No specific efforts ⚠️
- 21 waste disposal trips 🟢
- Energy-efficient equipment 🌞
- Water recycling 🌱
Social Highlights
- Turnover rate 26.1% 🟢
- 15 HSE meetings 🟢
- Zero accidents 🟢
- 75.5% customer satisfaction 🥗
- Limited data available ⚠️ (Insufficient additional social impact metrics reported.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in CN Asia Corporation Bhd's 2023 sustainability report. The report demonstrates a foundational commitment to sustainability with quantifiable metrics in areas like energy consumption (751,651 kWh electricity usage 🟢) and social initiatives (zero workplace accidents 🟢). However, it lacks depth in critical areas such as GHG emissions reporting, with no data on Scope 1, 2, or 3 emissions ⚠️, and no adoption of recognized frameworks like GRI or TCFD. Generic statements about environmental responsibility are present but unsupported by measurable outcomes or forward-looking commitments like net-zero targets ⚠️. To enhance credibility, CN Asia should incorporate specific emission reduction goals, seek third-party verification, and provide clearer forecasting of sustainability targets. Overall, the report provides a starting point but could benefit from greater specificity and alignment with global standards.
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