KYM HOLDINGS BERHAD
Malaysia | 8362.KL | Main
Reference
Report Year: 2024
Source Files: KYM_Holdings_Bhd_Annual_report_2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
KYM Holdings Berhad's sustainability report for 2024 lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, base year, or inventory boundaries. The report mentions a focus on greenhouse gas emissions as a material matter and plans to install solar panels, but no quantifiable emission figures or reduction targets are provided. Additionally, there is no mention of standards like GHG Protocol or third-party verification. A significant gap is the absence of a structured approach to emissions reporting. The company should prioritize establishing a GHG inventory, adopting recognized standards, and setting measurable reduction targets to enhance transparency and accountability in future reports.
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. |
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 reported
- Carbon intensity: Not reported ⚠️
Efforts
- Solar panels at Beranang 🌞
- Solar panels at Tapah 🌞
Social Highlights
- 99% employees trained 🟢
- 34% survey participation 🟢
- Local sports event sponsorship 🥗
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
KYM Holdings Berhad's 2024 sustainability report provides a basic overview of ESG initiatives but falls short in depth and specificity 🟢. The report highlights efforts such as solar panel installations and employee training on anti-bribery (99% coverage), which are commendable. However, it lacks quantifiable outcomes for critical areas like GHG emissions and waste management, relying on generic commitments without measurable targets or verified data ⚠️. Forward-looking statements, such as completing solar panel projects by 2025, are present but not tied to specific impact metrics. The absence of a sustainability committee and recognized reporting frameworks further limits credibility. To improve, the company should establish a dedicated sustainability governance structure, adopt standards like GRI or TCFD, and provide detailed metrics on emissions and waste reduction efforts.
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