HO WAH GENTING BERHAD
Malaysia | 9601.KL | Main
Reference
Report Year: 2023
Source Files: HWGB_Annual_Report_31.12.2023.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Led by CSO 🟢
- Coordinates with ARMC 🟢
Reporting
Integrated Report, No Specific Framework Identified ⚠️
GHG Accounting
HO WAH GENTING BERHAD's 2023 sustainability report lacks any data on GHG emissions, including Scope 1, 2, and 3 emissions. There is no mention of a base year, boundary, inventory, GWP basis, or adherence to standards like the GHG Protocol or ISO 14064. Additionally, there is no evidence of third-party verification or carbon intensity metrics. While the report highlights energy consumption reductions, it does not translate these into emissions data. A significant improvement is needed by establishing a comprehensive GHG inventory, adopting recognized standards, and seeking third-party verification to enhance credibility. Including biogenic emissions (if applicable) and setting clear reduction targets would further strengthen their environmental accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
Efforts
- No specific reduction ⚠️
- No specific reduction ⚠️
- Energy-efficient tech 🌞
- Water recycling tech 🌱
Social Highlights
- 66% employees trained 🟢
- 114 hours training 🟢
- LTIR reduced to 1.55 🟢
- 100% anti-corruption training 🟢
- Limited data available ⚠️ (Insufficient social impact metrics provided.)
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Commendable effort by HO WAH GENTING BERHAD in integrating sustainability into their 2023 report with quantifiable metrics like energy consumption (5.01 MWh 🟢) and water usage (9.74 ML 🟢). The report also showcases measurable outcomes in employee training (66% on health and safety 🟢) and safety performance (LTIR reduced to 1.55 🟢). However, there are significant gaps, including no GHG emissions data or adherence to recognized frameworks like GRI or TCFD ⚠️. Generic statements about 'sustainability culture' lack evidence of specific impact or forward-looking commitments like net-zero targets ⚠️. To improve, the company should incorporate emissions accounting, adopt global reporting standards, and set clear, measurable goals for the future. Third-party verification would further enhance credibility. Overall, the report provides a foundation but needs deeper substance to align with best practices.
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