Tien Wah Press Holdings Bhd 2023 AR2
The report highlights Tien Wah Press Holdings Berhad's sustainability progress and financial recovery in 2023, achieving a 10.8% revenue increase to RM270.4 million and a profit after tax of RM9.8 million. On the environmental front, the company reduced its water withdrawal intensity by 53% from the 2019 baseline and sourced 13% of its Scope 2 energy from renewable solar power in Vietnam. In terms of social responsibility, the group achieved zero work-related fatalities and exceeded its diversity targets with women representing 33.3% of management roles. Additionally, the company completed corruption-related risk assessments for 100% of its operations and received an upgraded B- score for Climate Change and B for Water Security from the CDP.
Company: Tien Wah Press Holdings Bhd
Sector: Industrials
Country: Malaysia
Year: 2023
Type: AR2
Pages: 163
Tien Wah Press Holdings Bhd
Annual Report
The report highlights Tien Wah Press Holdings Berhad's sustainability progress and financial recovery in 2023, achieving a 10.8% revenue increase to RM270.4 million and a profit after tax of RM9.8 million. On the environmental front, the company reduced its water withdrawal intensity by 53% from the 2019 baseline and sourced 13% of its Scope 2 energy from renewable solar power in Vietnam. In terms of social responsibility, the group achieved zero work-related fatalities and exceeded its diversity targets with women representing 33.3% of management roles. Additionally, the company completed corruption-related risk assessments for 100% of its operations and received an upgraded B- score for Climate Change and B for Water Security from the CDP.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 23, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees