HIL INDUSTRIES BERHAD
Malaysia | 8443.KL | Main
Reference
Report Year: 2023
Source Files: HIL_-_AR_2023.md
Sustainability Committee
Sustainability Committee (3 pax) 🟢
- Materiality assessment 🟢
- Action plan proposals 🟢
- Sustainability strategy 🟢
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
HIL Industries Berhad's 2023 sustainability report lacks detailed information on GHG accounting. There is no reporting on Scope 1, 2, or 3 emissions, and critical elements such as base year, boundary, GWP basis, and verification status are absent. While the company acknowledges the importance of sustainability, the absence of quantifiable emissions data limits transparency. A key improvement would be to establish a comprehensive GHG inventory aligned with standards like the GHG Protocol. Additionally, third-party verification could enhance credibility. The report mentions materiality assessments for ESG issues, which is a positive step, but it must translate into measurable environmental outcomes.
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
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in HIL Industries Berhad's 2023 sustainability report. While the establishment of a Sustainability Committee is a positive step 🟢, the report lacks depth in quantifiable actions and measurable outcomes. Generic statements about sustainability and materiality assessments are present, but there are no specific metrics on emissions, waste reduction, or social impact ⚠️. Forward-looking commitments or targets, such as net-zero goals, are also absent. The report provides a foundation but could benefit from adopting a recognized framework like GRI or TCFD to structure disclosures. Additionally, incorporating third-party verification and detailed data on GHG emissions would enhance credibility. Overall, a more data-driven approach with clear, actionable targets would significantly improve the report's effectiveness and transparency.
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