THREE-A RESOURCES BERHAD
Malaysia | 0012.KL | Main
Reference
Report Year: 2023
Source Files: Three-A_Resources_Berhad-Annual_Report_2023.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Strategic oversight 🟢
- Daily implementation 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
THREE-A Resources Berhad's GHG accounting efforts are in the early stages. The company has committed to establishing a baseline year for GHG emissions by FY2025, as highlighted in their forward-looking goals. However, critical data such as Scope 1, 2, and 3 emissions, boundary definitions, and GWP basis are not reported, limiting transparency. Energy consumption metrics are provided (e.g., electricity, diesel), but these are not translated into GHG emissions. There is no mention of third-party verification or adherence to standards like GHG Protocol. A key improvement area is to accelerate GHG inventory development and include detailed emissions data with verification to enhance credibility and align with global reporting standards.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific Scope 1 data provided. |
| Scope2 | Not reported ⚠️ | No specific Scope 2 data provided. |
| Scope3 | Not reported ⚠️ | No specific Scope 3 data provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Target by FY2025 ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy consumption reduced 🟢
- 36% plastic reused 🟢
- TCFD disclosures 🌞
- Not reported ⚠️
Social Highlights
- 486 employees trained 🟢
- 18 hours training 🟢
- MYR 16,262 community investment 🥗
- 1,550 beneficiaries 🥗
- 88.4% satisfaction 🟢
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: Can’t find ⚠️
Report Quality
Commendable initial steps by THREE-A Resources Berhad in their 2023 sustainability report 🟢. The integrated report, aligned with GRI and TCFD frameworks, provides a structured overview of ESG pillars and includes quantifiable metrics like energy consumption reduction and 36% plastic packaging reuse. Social initiatives, such as training 486 employees and community investments benefiting 1,550 individuals, reflect measurable outcomes 🟢. However, the report lacks depth in GHG emissions data, with no Scope 1, 2, or 3 figures or third-party verification ⚠️. Generic commitments, such as 'striving for a sustainable future,' are present but unsupported by detailed action plans. Forward-looking goals like establishing a GHG baseline by FY2025 are noted, yet immediate transparency is needed. The company could benefit from accelerating emissions reporting, incorporating verification, and detailing specific strategies to address material ESG risks.
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