CWG HOLDINGS BERHAD
Malaysia | 9423.KL | Main
Reference
Report Year: 2024
Source Files: CWG_-_Annual_Report_2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
CWG Holdings Berhad's sustainability report for 2024 lacks detailed information on GHG accounting. There is no data provided for Scope 1, 2, or 3 emissions, nor is there mention of a base year, boundary, or inventory for emissions tracking. Additionally, key elements such as GWP basis, reporting standards, data collection approaches, and third-party verification are absent. This represents a significant gap in their environmental reporting. To improve, the company should establish a comprehensive GHG inventory, adopt recognized standards like the GHG Protocol, and consider third-party verification to enhance credibility. Including carbon intensity metrics would also provide a clearer picture of their environmental impact relative to business operations.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data available on Scope 1 emissions. |
| Scope2 | Not reported ⚠️ | No data available on Scope 2 emissions. |
| Scope3 | Not reported ⚠️ | No data available on 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 ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Social Highlights
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in CWG Holdings Berhad's 2024 sustainability report. While the report acknowledges key ESG themes and includes a materiality assessment, it falls short in providing quantifiable actions or measurable outcomes ⚠️. There are no specific metrics or data points related to emissions, waste reduction, or social initiatives, which limits the ability to assess the company’s true impact. Additionally, the absence of forward-looking commitments or targets (e.g., net-zero goals) reduces the report’s strategic value. The content remains largely generic, with statements on sustainability priorities lacking supporting evidence. To enhance future reports, the company should focus on incorporating verifiable data, setting clear targets, and adopting recognized reporting frameworks like GRI or TCFD 🟢. Third-party verification could also add credibility to their disclosures.
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