W T K Holdings Berhad
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:28,153.08 MtCO2e (Plantation); 2,903.03 MtCO2e (Palm Oil Mill); 5,321.65 MtCO2e (Plywood); 2,038.34 MtCO2e (Tapes)
Renewable Energy Share:40.2%
Total Energy Consumption:131,491 GJ
Water Consumption:264,757 m3 (POME treated)
Waste Generated:116 MT (landfill); 317 MT (municipal)
Carbon Intensity:0.16216 MtCO2e/MT FFB (Plantation); 0.06503 MtCO2e/MT CPO (Palm Oil Mill); 0.22251 MtCO2e/m3 Plywood (Plywood); 0.00013 MtCO2e/m2 Tapes (Tapes)
ESG Focus Areas
- Economic
- Environmental
- Social
Environmental Achievements
- Reduction of 10.8% in waste generated from the Group’s operations.
- Reduction of 3% in waste disposal through landfill compared to FY2022.
- Reduction of 13% in waste disposal through municipal waste management compared to FY2022.
- Zero fire incident in FY2023.
- B.H.B, Borneo Agro-Industries, and Positive Deal are now powered by renewable energy from Sarawak Energy.
Social Achievements
- 8.1% employee turnover rate in FY2023.
- 9 training programmes were organised in FY2023 for OHS.
- 2 work-related accidents were reported in FY2023.
- 32 lost day injuries were reported in FY2023.
- Zero work-related fatality case was reported in FY2023.
- Completion of 3.75 training hours per employee in FY2023.
- 41% of high-level positions are held by females.
- 27% of total workforce is comprised of females.
- Five contributions totalling RM266,882 were made to local communities in FY2023.
Governance Achievements
- 6 members in the sustainability working committee certified as Certified Sustainability Reporting Specialists (“CSRS”) by the Institute of Certified Sustainability Practitioners (“ICSP”).
- Various sustainability policies were set and approved by the Board.
- Maintaining ZERO corruption case
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero carbon emissions by 2050.
Short-term Goals:
- Reduce total energy consumption by 5% by year 2025.
- Reduce GHG emission from the Group’s operations by 5% by year 2025.
- Reduction in the total amount of waste generated from the Group’s operations by at least 10% compared to FY2022.
- Reduction in the disposal through landfill by at least 5%.
Environmental Challenges
- Reducing overall energy consumption while expanding operations.
- Managing Palm Oil Mill Effluent (POME) due to its high acidity and biochemical oxygen demand (BOD).
- Minimising domestic waste disposal.
- Reducing GHG emissions from waste disposal to landfill (more than 50% of total emissions).
Mitigation Strategies
- Establishing reasonable unit measurements for energy consumption (consumption per hectare or per worker).
- Implementing an anaerobic biogas ponding system (Modified Cover Lagoon) and an extended aeration ponding system for POME treatment.
- Renewing commitment to reduce, reuse, and recycle waste.
- Improving coordination of in-field activities to reduce diesel consumption.
- Integrating waste from POMs for organic fertiliser application.
Supply Chain Management
Responsible Procurement
- Prioritising local suppliers (95.2% of spending).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standard