ARTRONIQ BERHAD
Malaysia | 0038.KL | ACE
Reference
Report Year: 2023
Source Files: Artroniq_-_Annual_Report_2023.md
Sustainability Committee
Sustainability Governance Structure 🟢
- Board Oversight 🟢
- CEO Facilitation 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
ARTRONIQ BERHAD's GHG accounting in 2023 focuses on electricity consumption at their Malaysian office, reported as 150,765 kWh, which is a positive step towards transparency. However, Scope 1 and Scope 3 emissions are not reported, limiting a full understanding of their carbon footprint. The absence of conversion to tCO₂e, lack of a base year, and no mention of third-party verification or adherence to standards like GHG Protocol are notable gaps. Improvement is needed in comprehensive scope reporting and adopting standardized methodologies for data collection and verification. Setting clear reduction targets and disclosing carbon intensity metrics would further strengthen their environmental accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | 150,765 kWh 🟢 | Reported as electricity consumption, not converted to tCO₂e. |
| 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 specified ⚠️
- Boundary inventory: Malaysian office 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy-saving awareness 🟢
- IT waste recycling 🟢
- Energy-efficient tech 🌞
- Renewable energy shift 🌱
Social Highlights
- RM340k community investment 🥗
- 5 beneficiaries 🥗
- 0 privacy complaints 🟢
- 0 safety incidents 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable Initial Steps in sustainability reporting by ARTRONIQ BERHAD with their 2023 integrated report 🟢. The report highlights quantifiable metrics like electricity consumption (150,765 kWh) and community investments (RM340,000), which provide a clear baseline for tracking progress. Stakeholder engagement methods are well-documented, showcasing a commitment to transparency. However, significant gaps exist in GHG accounting, with no Scope 1 or 3 emissions data and a lack of third-party verification ⚠️. Forward-looking commitments are present but often vague, lacking specific targets (e.g., 'exploring energy-efficient technologies'). The report could benefit from more measurable outcomes and detailed forecasting, such as net-zero targets or timelines for renewable energy adoption. Incorporating standardized GHG reporting frameworks and verified data would elevate credibility. Overall, a solid foundation but room for deeper specificity and evidence-based claims.
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