DIGISTAR CORPORATION BERHAD
Malaysia | 0029.KL | Main
Reference
Report Year: 2024
Source Files: ANNUAL_REPORT_2024.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- SSC chaired by CEO 🟢
- Regular Board updates 🟢
Reporting
TCFD, Integrated Report 🟢
GHG Accounting
DIGISTAR CORPORATION BERHAD has initiated GHG accounting for FYE 2024, reporting Scope 1 (131.60 tCO₂e) and Scope 2 (1,523.14 tCO₂e) emissions for its Malaysia HQ operations. Data collection is based on fuel and energy consumption, using EPA and Grid Emission Factor methodologies. However, Scope 3 emissions are not reported, and there is no mention of a base year or third-party verification, limiting the robustness of the data. The absence of carbon intensity metrics and a specified standard (e.g., GHG Protocol) further indicates room for improvement. The company should prioritize comprehensive Scope 3 reporting, establish a clear base year, and seek external assurance to enhance credibility and align with global best practices.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 131.60 tCO₂e 🟢 | |
| Scope2 | 1,523.14 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not disclosed ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Malaysia HQ 🟢
- Gwp basis: EPA & Grid Factor 🟢
- Standard: Not specified ⚠️
- Third party verification: Internal audit only ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy-efficient tech 🟢
- Paper reduction via digitization 🟢
- Solar power exploration 🌞
- Green building tech 🌱
Social Highlights
- RM306,080 community investment 🟢
- 20 organizations supported 🟢
- 6,290 training hours 🟢
- Internship programs 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initial steps by DIGISTAR CORPORATION BERHAD in their 2024 sustainability report, with quantifiable metrics for GHG emissions (Scope 1 and 2) and social investments (RM306,080) 🟢. The integrated report aligns with TCFD recommendations, reflecting a structured approach. However, the report lacks depth in several areas, such as Scope 3 emissions, third-party verification, and carbon intensity metrics, which are critical for credibility ⚠️. Forward-looking commitments, like a 20% energy reduction by 2025 and 50% renewable energy by 2030, are positive but need more detailed action plans. Generic statements about 'sustainability commitment' often lack evidence of measurable outcomes. To improve, the company should incorporate third-party assurance, expand GHG reporting to include Scope 3, and provide clearer timelines for targets. Overall, a solid foundation but with significant room for enhancement.
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