Hiap Teck Venture Bhd 2023 AR2
The report highlights Hiap Teck Venture Berhad's financial and sustainability performance for the fiscal year ended July 31, 2023. A key milestone was the successful ignition of the new 1,380 m3 Blast Furnace Plant by its joint venture, Eastern Steel Sdn. Bhd., which expanded production capacity to 2.7 million metric tons per annum. In environmental efforts, the company reduced its Scope 1 emissions to 434.23 tonnes of CO2e and Scope 2 emissions to 7,019 tonnes of CO2e, improving its overall emission intensity. Additionally, the company initiated the installation of a 4,681 kWp rooftop solar PV system to generate clean energy.
Company: Hiap Teck Venture Bhd
Sector: Materials
Country: Malaysia
Year: 2023
Type: AR2
Pages: 166
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Hiap Teck Venture Bhd
Annual Report
The report highlights Hiap Teck Venture Berhad's financial and sustainability performance for the fiscal year ended July 31, 2023. A key milestone was the successful ignition of the new 1,380 m3 Blast Furnace Plant by its joint venture, Eastern Steel Sdn. Bhd., which expanded production capacity to 2.7 million metric tons per annum. In environmental efforts, the company reduced its Scope 1 emissions to 434.23 tonnes of CO2e and Scope 2 emissions to 7,019 tonnes of CO2e, improving its overall emission intensity. Additionally, the company initiated the installation of a 4,681 kWp rooftop solar PV system to generate clean energy.
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Document Details
Report Year
2023
Reporting Period
Aug 1, 2022 - Jul 31, 2023
Fiscal Year
2023
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:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees