Climate Change Data

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)