TSH RESOURCES BERHAD
Malaysia | 9059.KL | Main
Reference
Report Year: 2023
Source Files: TSH_AR_2023_(Bursa).pdf
Sustainability Committee
Sustainability Steering Committee (Members Unknown) 🟢
- Regular meetings 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
TSH Resources Berhad demonstrates a structured approach to GHG accounting with reporting across Scope 1, 2, and 3 emissions for 2023, following the GHG Protocol 🟢. The inclusion of employee commuting and business travel in Scope 3 is a positive step. However, absolute emission figures are not detailed, limiting transparency ⚠️. Biogenic emissions, despite biomass usage in renewable energy initiatives, are not reported, which is a gap. No third-party verification is mentioned, reducing credibility. The company is establishing a baseline from 2019-2023 data, which is promising for future target-setting. Improvements could include disclosing absolute emission values, incorporating biogenic emissions in the GHG inventory, and seeking third-party verification for enhanced reliability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Scope 1 Reported 🟢 | Exact figures not specified in absolute terms. |
| Scope2 | Scope 2 Reported 🟢 | Exact figures not specified in absolute terms. |
| Scope3 | Scope 3 Reported 🟢 | Includes employee commuting and business travel. |
| Biogenic emissions | Not reported despite biomass usage ⚠️ | Biomass usage mentioned in renewable energy initiatives, but not included in GHG inventory. |
Other Details
- Base year: Base data 2019-2023 🟢
- Boundary inventory: Operational control 🟢
- Gwp basis: Not specified ⚠️
- Standard: GHG Protocol 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy monitoring 🟢
- Waste tracking 🟢
- Solar panels 🌞
- Biogas potential 🌱
Social Highlights
- MYR 2.6M community investment 🥗
- 30 beneficiaries 🥗
- 101,369 trained on safety 🟢
- 182,531 training hours 🟢
- Zero HR complaints 🟢
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable foundation in sustainability reporting by TSH Resources Berhad with an integrated report aligned to GRI standards 🟢. The report showcases quantifiable actions such as MYR 2.6 million in community investment, training 101,369 employees on safety, and tracking Scope 1, 2, and 3 emissions. However, gaps exist with limited absolute emission data and lack of third-party verification ⚠️, reducing credibility. Forward-looking commitments like biogas plant exploration and RSPO certification targets by 2025 are positive, yet generic statements such as 'committed to sustainability' lack measurable outcomes. The report could benefit from detailed GHG figures, inclusion of biogenic emissions, and verified data. Overall, it provides a solid base but requires deeper specificity and external assurance to strengthen stakeholder trust.
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