Golden Pharos Bhd 2024 AR2
The report outlines Golden Pharos Berhad's performance in 2024, highlighting its transition toward an ESG-related business model despite facing a challenging financial year. The company experienced a decline in revenue to RM 47.05 million and a loss before tax of RM 15.73 million, primarily due to lower timber demand and delays in obtaining logging licenses. On the sustainability front, the company successfully planted 176,500 trees, achieved FSC recertification for the Dungun Timber Complex, and initiated a group-wide greenhouse gas audit to establish a baseline for its net-zero carbon emissions target. Additionally, solar photovoltaic systems were installed at key subsidiary sites to transition toward renewable energy.
Company: Golden Pharos Bhd
Sector: Materials
Country: Malaysia
Year: 2024
Type: AR2
Pages: 308
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Golden Pharos Bhd
Annual Report
The report outlines Golden Pharos Berhad's performance in 2024, highlighting its transition toward an ESG-related business model despite facing a challenging financial year. The company experienced a decline in revenue to RM 47.05 million and a loss before tax of RM 15.73 million, primarily due to lower timber demand and delays in obtaining logging licenses. On the sustainability front, the company successfully planted 176,500 trees, achieved FSC recertification for the Dungun Timber Complex, and initiated a group-wide greenhouse gas audit to establish a baseline for its net-zero carbon emissions target. Additionally, solar photovoltaic systems were installed at key subsidiary sites to transition toward renewable energy.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
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
Workplace Fatalities
Employees