TIONG NAM LOGISTICS HOLDINGS BERHAD

Malaysia | 8397.KL | Main

By Sustify.world AI model | 2025-05-25
Tiong Nam Logistics Holdings Berhad, an investment holding company, provides logistics and warehousing services in Malaysia. It offers container haulage; cross-border and heavy transportation services for various goods; trucking and crane services; customs brokerage services, such as cargo classification, insurance cover, duty rates, and regional customer competence with customized EDI invoice submission; last mile delivery services for e-commerce businesses; and operates material handling equipment, such as forklifts and reach trucks to facilitate warehouse operations. The company also operates public bonded and free trade zone warehouses, as well as cold rooms; and provides support services for the procurement of re-export and trans-shipment permits. In addition, it provides heavy-duty cargo, machinery, and liquefied natural gas transportation, as well as freight forwarding services. Further, the company is involved in the development of properties comprising industrial, commercial, and residential projects; provision of property investment and letting, courier transport, administrative and commission agency, and hostel management and related services, as well as general sales agency services for air, land, and sea logistics activities; leasing of trucks; trading of diesel and petrol; trading and distribution of food groceries; storage and management of empty containers; and operation of hotels, dormitories, and tuition centers. It operates warehouses and distribution centers, as well as a fleet of transportation vehicles comprising haulage trucks, car carriers, prime movers, container trailers, box and refrigerated trucks, lorry cranes, low-loaders, delivery vans, and others. The company serves domestic enterprises and multinational corporations in sectors, such as food and beverage, information technology, electrical and electronics, and others. Tiong Nam Logistics Holdings Berhad was founded in 1975 and is headquartered in Johor Bahru, Malaysia.

Reference

Report Year: 2024
Source Files: TiongNam_AR2024_-_Part_1.pdf

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No Specific Framework Mentioned ⚠️

GHG Accounting

The sustainability report of Tiong Nam Logistics Holdings Berhad for 2024 lacks comprehensive data on GHG emissions accounting. There is no reporting on Scope 1, Scope 2, or Scope 3 emissions, and critical details such as base year, boundary, and verification status are missing. While energy consumption is reported, it is not translated into emissions data. The absence of a recognized framework or standard (e.g., GHG Protocol) further limits the credibility of environmental reporting. To improve, the company should prioritize establishing a GHG inventory, adopt a standard reporting methodology, and consider third-party verification to enhance transparency and accountability in tracking environmental impact.

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 reported ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • No data ⚠️
  • No data ⚠️
  • No data ⚠️
  • No data ⚠️

Social Highlights

  • MYR 218K community investment 🥗
  • 12 beneficiaries 🥗
  • 694 employees trained 🟢
  • 12,498 training hours 🟢
  • Limited data available ⚠️ (Insufficient additional social impact data provided.)

Governance

  • Salary disclosure: Can't find ⚠️
  • Litigation: Can't find ⚠️

Report Quality

Room for Improvement in Tiong Nam Logistics Holdings Berhad's 2024 sustainability report. The report provides some quantifiable social metrics, such as MYR 218,008.60 invested in community initiatives and 694 employees trained on health and safety 🟢, which are commendable. However, it falls short in environmental reporting, with no data on GHG emissions or specific sustainability frameworks ⚠️. Forward-looking commitments or targets (e.g., net-zero goals) are absent, and much of the content lacks depth in measurable outcomes. To enhance credibility, the company could adopt recognized frameworks like GRI or TCFD, establish a sustainability committee, and include third-party verification of data. Overall, while the report offers a starting point, it would benefit significantly from detailed environmental metrics and clearer governance disclosures.

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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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