TIONG NAM LOGISTICS HOLDINGS BERHAD
Malaysia | 8397.KL | Main
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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