Tanco Holdings Berhad
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Total Energy Consumption:92.36 MWh/year
Water Consumption:2.82 megalitres/year
ESG Focus Areas
- Economic
- Environmental
- Social
Environmental Achievements
- Implemented energy-efficient lighting systems and rainwater harvesting tanks in The Genium project
- Practicing waste separation and recycling in various operations
- Minimising waste output in office and projects
Social Achievements
- Zero work-related injury incidents
- Offered a wide range of training programmes to employees (average 8.5 hours/employee)
- Exploring financial assistance to high school students from underprivileged backgrounds
Governance Achievements
- Established various policies to set out the Group’s stance and commitment to best practices (Code of Conduct & Business Ethics, Anti-Corruption and Bribery Policy, Whistleblowing Policy)
- Developed a Gender Diversity Policy
- Adopted a Remuneration Policy and Procedures
Climate Goals & Targets
Environmental Challenges
- Market and Economic Risk (market fluctuations, inflationary pressures, interest rate changes)
- Operational Risk (project delays, cost overruns, supply chain disruptions)
- Regulatory and Compliance Risk (stringent regulations, government approvals)
- Project and Financial Risk (project execution, financial management, return on investment)
- Environmental and Social Risk (sustainability regulations, community resistance)
- Technology and Cybersecurity Risk (cyber threats, data breaches, technological obsolescence)
Mitigation Strategies
- Diversification of revenue streams
- Continuous market trend monitoring and strategy adaptation
- Favorable financing terms and hedging strategies
- Robust project management practices
- Strengthening supplier relationships
- Technology and automation in operations
- Proactive engagement with authorities
- Dedicated compliance personnel
- Contingency plans
- Stringent due diligence processes
- Partnerships with reputable stakeholders
- Risk assessment, planning, budgeting, and monitoring mechanisms
- Diversifying funding sources
- Sustainable development practices
- Community engagement
- CSR initiatives
- Advanced cybersecurity measures
- Technology infrastructure upgrades
- Employee training on data protection and cybersecurity
Supply Chain Management
Responsible Procurement
- Collaborate with reputable partners in providing consistent supply of durable and high-quality building materials
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Bursa Malaysia’s Sustainability Reporting Guide (3rd Edition)
Third-party Assurance: No Assurance
Sustainable Products & Innovation
- Noden™ (herbal-based dengue treatment)
- Livarton (supplement)
- The Genium project (sustainable building materials, energy-efficient systems)
Awards & Recognition
- Certificate of Excellence from China Communications Construction (ECRL) Sdn. Bhd. (2023)