IRIS CORPORATION BERHAD
Malaysia | 0010.KL | ACE
Reference
Report Year: 2024
Source Files: IRIS_AR_2024.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
GRI, Integrated Report 🟢
GHG Accounting
IRIS Corporation Berhad's 2024 sustainability report lacks detailed GHG accounting data. There is no information on Scope 1, Scope 2, or Scope 3 emissions, nor on base year, boundary, or inventory specifics. Additionally, critical elements such as GWP basis, data collection approaches, and third-party verification are absent. While the report highlights a commitment to environmental responsibility through ISO 14001:2015 certification, quantifiable metrics for emissions are missing. To improve, IRIS should establish a comprehensive GHG inventory, adopt a recognized standard like the GHG Protocol, and consider third-party verification to enhance credibility. Addressing these gaps will strengthen their environmental reporting and align with global sustainability expectations.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Social Highlights
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in IRIS Corporation Berhad's 2024 sustainability report. While the report demonstrates a commitment to ESG principles and references the GRI Standards 🟢, it falls short on providing quantifiable actions and measurable outcomes ⚠️. Key areas such as GHG emissions, social initiatives, and governance disclosures lack specific metrics or verifiable data. The focus on stakeholder engagement and ISO 14001:2015 certification is commendable, but vague statements like 'committed to sustainability' dominate without supporting evidence. Forward-looking commitments are mentioned, yet they lack clear targets or timelines. To enhance credibility, IRIS should incorporate specific, measurable goals, detailed GHG accounting, and third-party verification. Including more data-driven social and governance highlights would further strengthen the report. Overall, the foundation is there, but greater depth and transparency are needed to meet stakeholder expectations.
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