TALIWORKS CORPORATION BERHAD
Malaysia | 8524.KL | Main
Reference
Report Year: 2023
Source Files: TCB_AR2023_(Part2).pdf
Sustainability Committee
Sustainability Steering Committee (SSC) 🟢
- Guides sustainability measures 🟢
- Annual updates to leadership 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Taliworks has initiated GHG accounting in 2023, focusing on Scope 1 (30,460 tCO₂e) and Scope 2 (87,288 tCO₂e) emissions under operational control, adhering to the GHG Protocol. The waste management and water treatment divisions are significant contributors due to fuel and electricity use. However, Scope 3 emissions are not reported, limiting a full inventory. Data lacks third-party verification, reducing credibility. A key strength is the commitment to future Scope 3 tracking by 2025. Improvements include securing external assurance and accelerating Scope 3 reporting to provide a comprehensive carbon footprint.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 30,460 tCO₂e 🟢 | |
| Scope2 | 87,288 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not reported for 2023 ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2023 (initial tracking started in Q4)
- Boundary inventory: Operational control for Scope 1 and 2
- Gwp basis: IPCC Guidelines for National Greenhouse Gas
- Standard: GHG Protocol Corporate Standard
- Data collection approach: Internal tracking by divisions
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- LED lighting adoption 🟢
- Solar panel installations 🌞
- 3.3M kg recyclables collected 🟢
- Hybrid & EV fleet adoption 🌱
- Sustainable procurement target 🌱
Social Highlights
- RM496K for community programs 🥗
- 711K lives impacted 🥗
- 10,298 employees trained 🟢
- 100% performance reviews 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Commendable foundation in Taliworks’ 2023 sustainability report with clear strengths 🟢. The report provides quantifiable metrics like Scope 1 (30,460 tCO₂e) and Scope 2 (87,288 tCO₂e) emissions, alongside impactful social data such as RM496K invested in community programs benefiting over 711K lives. Forward-looking commitments, like Scope 3 tracking by 2025 and materiality assessments in 2024, show proactive planning 🟢. However, gaps remain ⚠️: the lack of third-party verification for GHG data undermines credibility, and generic statements on sustainability integration lack specific outcomes. Scope 3 emissions are absent, limiting a full ESG picture. To enhance reporting, Taliworks should prioritize external assurance, provide deeper measurable outcomes for environmental initiatives, and accelerate Scope 3 disclosure. Overall, the report offers a solid base but could benefit from greater specificity and validation.
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