Alcom Group Bhd 2023 SR
The report highlights Alcom Group Berhad's commitment to sustainability, focusing on its 'net gain' journey with a target of net zero by 2035 and net gain by 2050. Key achievements in 2023 include quantifying Scope 3 emissions for the first time and conducting a product carbon footprint assessment. The company emphasizes circular economy practices, aiming for 80% scrap usage in its aluminum manufacturing. Social initiatives featured a significant RM2 million contribution to community welfare and extensive mangrove planting. Governance was strengthened through the implementation of a Sustainable Procurement Policy and 100% local hiring for senior management.
Company: Alcom Group Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2023
Type: SR
Pages: 115
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Alcom Group Bhd
Sustainability Report
The report highlights Alcom Group Berhad's commitment to sustainability, focusing on its 'net gain' journey with a target of net zero by 2035 and net gain by 2050. Key achievements in 2023 include quantifying Scope 3 emissions for the first time and conducting a product carbon footprint assessment. The company emphasizes circular economy practices, aiming for 80% scrap usage in its aluminum manufacturing. Social initiatives featured a significant RM2 million contribution to community welfare and extensive mangrove planting. Governance was strengthened through the implementation of a Sustainable Procurement Policy and 100% local hiring for senior management.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 26, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees