KPS CONSORTIUM BERHAD
Malaysia | 9121.KL | Main
Reference
Report Year: 2023
Source Files: KPSCB-Annual_Report_2023.md
Sustainability Committee
Risk Management & Sustainability Committee (Members Unknown) 🟢
- Supervises audits & risk management 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
KPSCB demonstrates a commitment to tracking GHG emissions with detailed reporting on Scope 1 (324.91 tCO₂e from petrol) and Scope 2 (3,557.54 tCO₂e from electricity) for 2023 across manufacturing and trading divisions. Scope 3 data for employee commuting (35.42 tCO₂e) is also included, showing a broader value chain perspective. However, the absence of a base year, specific standards like GHG Protocol, and third-party verification limits the robustness of the data. The report lacks carbon intensity metrics to contextualize emissions relative to revenue or output. Strengthening efforts by adopting international standards and seeking external assurance would enhance credibility and comparability of their GHG accounting.
Emissions
| Scope | Value | Note |
|---|
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Manufacturing & Trading Divisions 🟢
- Gwp basis: DEFRA 🟢
- Standard: Not specified ⚠️
- Data collection approach: Direct measurement 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Proposed EV transition 🌱
- Supply chain optimization 🟢
- Recycling initiatives 🟢
- Renewable energy plans 🌞
- 99.53% local sourcing 🌱
Social Highlights
- 100% anti-corruption training 🟢
- RM5,000 for 30 children 🥗
- Water usage down by 10,590 m³ 🟢
- 255 training hours 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Commendable Initial Steps in sustainability reporting by KPSCB with an integrated report for 2023 🟢. The inclusion of quantifiable metrics such as Scope 1, 2, and partial Scope 3 emissions, water usage reduction (10,590 m³), and social impact (RM5,000 donation for 30 children) provides a measurable foundation. However, the report lacks depth in certain areas ⚠️, such as adherence to recognized frameworks like GRI or TCFD, third-party verification for GHG data, and forward-looking commitments beyond general statements like 'commitment to sustainability.' The governance section could be enhanced with clearer disclosures on executive remuneration and litigation. To improve, KPSCB should adopt international reporting standards, seek external assurance for data credibility, and outline specific, time-bound targets for emission reductions or social initiatives. Overall, a solid start that can evolve with more structured and evidence-backed content.
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