Boustead Heavy Industries Corp Bhd 2024 SR
The report highlights BHIC Group's sustainability initiatives for 2024, focusing on its Economic, Environmental, Social, and Governance (EESG) performance. The company achieved significant milestones in the marine and aerospace sectors, including a RM1.1 billion contract for submarine support. BHIC demonstrated a strong commitment to local development, with 84.3% of procurement spending directed toward local vendors. Environmentally, the group reduced water consumption by 20% compared to the previous year, although Scope 1 and 2 emissions increased due to expanded operations. Socially, the company maintained a record of zero fatalities and zero lost-time injuries while investing RM348,463 in employee training and development.
Company: Boustead Heavy Industries Corp Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2024
Type: SR
Pages: 27
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Boustead Heavy Industries Corp Bhd
Sustainability Statement
The report highlights BHIC Group's sustainability initiatives for 2024, focusing on its Economic, Environmental, Social, and Governance (EESG) performance. The company achieved significant milestones in the marine and aerospace sectors, including a RM1.1 billion contract for submarine support. BHIC demonstrated a strong commitment to local development, with 84.3% of procurement spending directed toward local vendors. Environmentally, the group reduced water consumption by 20% compared to the previous year, although Scope 1 and 2 emissions increased due to expanded operations. Socially, the company maintained a record of zero fatalities and zero lost-time injuries while investing RM348,463 in employee training and development.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Workplace Fatalities