KAMDAR GROUP (M) BERHAD

Malaysia | 8672.KL | Main

By Sustify.world AI model | 2025-05-24
Kamdar Group (M) Berhad, an investment holding company, engages in the import, export, retail, and wholesale of textile and textile-based products in Malaysia. The company operates in two segments, Textile, and Investment and Management. It offers textile products, including large assortment of fabrics for clothing and apparel. The company also provides furnishing products, such as home décor items, including rugs, cushions, and other decorative accessories for interior spaces. In addition, it offers curtains and draperies for windows; and upholstery materials for furniture, as well as beddings comprising bed linens, pillow, and related accessories; and various garments for ladies, men, and kids. Further, the company is involved in the provision of management and transportation agent services; renting out its properties; and buying, selling, renting, and operating self-owned or leased real estate, such as non-residential buildings, as well as construction of non-residential buildings. It sells its products through its retail stores; wholesale and consignment customers; other retailers; fashion houses; decorators; and designers. Kamdar Group (M) Berhad was founded in 1950 and is headquartered in Kuala Lumpur, Malaysia.

Reference

Report Year: 2024
Source Files:

Sustainability Committee

Sustainability Committee (Unknown pax) 🟢

  • Strategy development 🟢
  • Monitoring initiatives 🟢

Reporting

GRI, Integrated Report 🟢

GHG Accounting

Kamdar Group (M) Berhad has initiated efforts to address GHG emissions, with a stated goal to reduce emissions through initiatives like purchasing eco-friendly products and promoting recycling campaigns. However, specific quantitative data for Scope 1, 2, and 3 emissions is absent, limiting the ability to assess actual performance. The company acknowledges the need to improve data collection, which is a positive step, but lacks details on base year, boundary, standards, or verification. Key gaps include the absence of third-party verification and carbon intensity metrics. To strengthen reporting, the company should establish a clear GHG inventory, adopt recognized standards like GHG Protocol, and pursue external verification for credibility.

Emissions

Scope Value Note
Scope1 Not reported ⚠️ No specific data provided for Scope 1 emissions.
Scope2 Not reported ⚠️ No specific data provided for Scope 2 emissions.
Scope3 Not reported ⚠️ No specific data provided for Scope 3 emissions.
Biogenic emissions Not applicable → No biomass or biofuel usage reported.

Other Details

  • Base year: Not specified ⚠️
  • Boundary inventory: Not specified ⚠️
  • Gwp basis: Not specified ⚠️
  • Standard: Not specified ⚠️
  • Third party verification: Not mentioned ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • Eco-friendly products 🟢
  • Recycling campaigns 🟢
  • Warehouse efficiency 🌱

Social Highlights

  • Anti-corruption training 🟢
  • Safety training 🟢
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

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

Report Quality

Commendable initial steps are evident in Kamdar Group (M) Berhad's 2024 sustainability report, with a clear commitment to integrating ESG principles and forming a Sustainability Committee Workgroup 🟢. The use of the GRI framework adds structure to the report. However, the report lacks quantifiable metrics and measurable outcomes for key areas like GHG emissions and social impact, relying heavily on qualitative descriptions and generic statements such as 'committed to sustainability' without supporting data ⚠️. Forward-looking commitments, like the 2030 environmental targets, are mentioned but lack specificity. To enhance credibility, the company should focus on providing specific, verifiable data, pursue third-party verification for emissions, and include detailed progress updates on targets. Overall, the report lays a foundation but needs deeper substance to reflect true sustainability performance.

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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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