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

Back to company

Tien Wah Press Holdings Bhd

Tien Wah Press Holdings Bhd 2023 Annual Report

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.

Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.

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