Hiap Teck Venture Bhd 2024 AR2
The report details Hiap Teck Venture Berhad's sustainability performance and initiatives for the fiscal year 2024. Key highlights include the completion of a 4,681 kWp rooftop solar photovoltaic system, which is expected to reduce Scope 2 emissions by 40% to 50%. The company also expanded its joint venture, Eastern Steel Sdn. Bhd., increasing its production capacity to 2.7 million metric tonnes per annum. In terms of safety, the group maintained its zero-fatality record for employees and contractors. Additionally, the company initiated climate risk mapping in alignment with the Task Force on Climate-related Financial Disclosures recommendations.
Company: Hiap Teck Venture Bhd
Sector: Materials
Country: Malaysia
Year: 2024
Type: AR2
Pages: 158
Back to company
Hiap Teck Venture Bhd
Annual Report
The report details Hiap Teck Venture Berhad's sustainability performance and initiatives for the fiscal year 2024. Key highlights include the completion of a 4,681 kWp rooftop solar photovoltaic system, which is expected to reduce Scope 2 emissions by 40% to 50%. The company also expanded its joint venture, Eastern Steel Sdn. Bhd., increasing its production capacity to 2.7 million metric tonnes per annum. In terms of safety, the group maintained its zero-fatality record for employees and contractors. Additionally, the company initiated climate risk mapping in alignment with the Task Force on Climate-related Financial Disclosures recommendations.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Aug 1, 2023 - Jul 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:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees