GADANG HOLDINGS BHD
Malaysia | 9261.KL | Main
Reference
Report Year: 2024
Source Files: Gadang_-_AR_2024_Part_1.md.md, Gadang_-_AR_2024_Part_2.md.md
Sustainability Committee
Board Risk & Sustainability Committee 🟢
- Monitors plans 🟢
- Performance reviews 🟢
Reporting
Bursa Malaysia Guide, UNSDG, Integrated Report 🟢
GHG Accounting
Gadang Holdings BHD's GHG accounting in the 2024 report lacks detailed data on Scope 1, 2, and 3 emissions, with no mention of base year, boundary, or GWP basis. While the company demonstrates environmental efforts like tree planting (1,678 trees, absorbing 36,916 kg CO₂) and solar energy use (94,164 kWh), quantifiable emissions data is absent. Standards and third-party verification are also not specified, limiting credibility. Improvement is needed in establishing a robust GHG inventory, adopting recognized standards like GHG Protocol, and seeking external assurance to enhance transparency and accountability in emissions reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific Scope 1 data provided. |
| Scope2 | Not reported ⚠️ | No specific Scope 2 data provided. |
| Scope3 | Not reported ⚠️ | No specific Scope 3 data provided. |
| 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
- 1,678 trees planted 🟢
- 17.1% solar energy 🌞
- 15% waste recycled 🟢
- LED lighting adopted 🌱
Social Highlights
- 3 scholarships (RM51,000) 🟢
- RM131,000 CSR contribution 🟢
- 157 children aided 🥗
- Zero fatality & violations 🟢
- Limited data available ⚠️ (Additional social impact metrics not provided.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initiatives are evident in Gadang Holdings BHD's 2024 sustainability report, with quantifiable actions such as planting 1,678 trees, achieving 15% waste recycling, and harnessing 17.1% solar energy at HQ 🟢. The integrated report aligns with Bursa Malaysia guidelines and UNSDG, reflecting a structured approach. However, critical gaps exist in GHG emissions data, lacking Scope 1, 2, and 3 details, base year, and verification status ⚠️. While forward-looking targets like zero environmental summons and zero fatalities are noted, some lack depth (e.g., generic training hours). Measurable social outcomes are present but limited in scope. The report could benefit from adopting global GHG standards, seeking third-party assurance, and providing deeper insights into governance disclosures like executive compensation. Overall, it lays a solid foundation but requires enhanced specificity and transparency for greater impact.
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