RGB INTERNATIONAL BHD
Malaysia | 0037.KL | Main
Reference
Report Year: 2023
Source Files: RGBI_AR2023.md
Sustainability Committee
Sustainability Governance Structure 🟢
- Board oversight 🟢
- Executive Committee support 🟢
Reporting
Bursa Malaysia ESG Reporting, Integrated Report 🟢
GHG Accounting
RGB International BHD has initiated GHG accounting in 2023, reporting a total of 615.67 tCO₂e, with Scope 1 emissions at 114.53 tCO₂e from company vehicle fuel consumption. The use of the GHG Protocol and DEFRA emission factors is a positive step. However, the absence of Scope 2 and Scope 3 data limits the comprehensiveness of the inventory. Additionally, third-party verification is not mentioned, which could enhance credibility. To improve, RGB should expand reporting to include Scope 2 and 3 emissions, adopt third-party verification, and provide carbon intensity metrics to better reflect operational efficiency. Forward-looking targets for emission reductions would also strengthen their climate strategy.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 114.53 tCO₂e (2023) 🟢 | |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data missing |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data missing |
Other Details
- Base year: 2023 (First year of reporting)
- Boundary inventory: Operational control (Scope 1 reported)
- Gwp basis: DEFRA (UK Department for Environment, Food and Rural Affairs)
- Standard: GHG Protocol
- Data collection approach: Fuel consumption data for company vehicles (petrol and diesel)
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Scope 1 reporting started 🟢
- 55.62 mt waste recycled 🟢
- Energy-efficient lighting 🌞
- Optimized AC usage 🌱
Social Highlights
- RM17,140 community contribution 🥗
- 20 employees trained on safety 🟢
- Zero safety incidents 🟢
- 41.8% female workforce 🟢
- 2,032 training hours 🟢
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable start by RGB International BHD in their 2023 sustainability reporting with an integrated approach 🟢. The report provides quantifiable data, such as 615.67 tCO₂e total emissions and 55.62 metric tons of waste recycled, demonstrating a commitment to measurable outcomes. Stakeholder engagement and social initiatives, like community contributions of RM17,140, are also highlighted. However, gaps exist, including the lack of Scope 2 and 3 emissions data and third-party verification for GHG accounting ⚠️. Forward-looking commitments, such as emission reduction targets, are minimal, and some sections rely on generic statements without specific evidence. To enhance future reports, RGB could incorporate comprehensive GHG data, pursue external assurance, and outline clear sustainability targets. Overall, the report lays a solid foundation but has room for deeper detail and accountability.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.