Thong Guan Industries Bhd 2024 SR

The report highlights Thong Guan Industries Berhad's commitment to sustainability through its 'Live Green' roadmap and ESG framework. In 2024, the company increased its solar capacity to 8,625.5 kWp and achieved a 9.4% reduction in water intensity compared to its 2021 baseline. Thong Guan successfully integrated 7.9% recycled resin into its production and exceeded its target for recycled wooden pallet consumption, reaching 3,500 pieces per month. The company was recognized as a constituent of the FTSE4Good Bursa Malaysia Index and received a Bronze medal from EcoVadis. Furthermore, the report details progress in Scope 3 emissions reporting and the implementation of automated systems to reduce resin spillage and improve operational efficiency and safety.

Company: Thong Guan Industries Bhd

Sector: Materials

Country: Malaysia

Year: 2024

Type: SR

Pages: 50

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Thong Guan Industries Bhd

Thong Guan Industries Bhd 2024 Sustainability Statement

Sustainability Statement

The report highlights Thong Guan Industries Berhad's commitment to sustainability through its 'Live Green' roadmap and ESG framework. In 2024, the company increased its solar capacity to 8,625.5 kWp and achieved a 9.4% reduction in water intensity compared to its 2021 baseline. Thong Guan successfully integrated 7.9% recycled resin into its production and exceeded its target for recycled wooden pallet consumption, reaching 3,500 pieces per month. The company was recognized as a constituent of the FTSE4Good Bursa Malaysia Index and received a Bronze medal from EcoVadis. Furthermore, the report details progress in Scope 3 emissions reporting and the implementation of automated systems to reduce resin spillage and improve operational efficiency and safety.

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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

Reporting Standards

Materiality Assessment

Assurance

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities