GREEN OCEAN CORPORATION BERHAD
Malaysia | 0074.KL | ACE
Reference
Report Year: 2023
Source Files:
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Green Ocean Corporation Berhad's 2023 sustainability report lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, nor information on base year, boundary, or inventory. Additionally, critical elements such as GWP basis, standards, data collection approach, and third-party verification are absent. No carbon intensity metrics are provided, limiting the ability to assess environmental impact. The report would benefit from comprehensive GHG reporting, including absolute emission figures and verification processes, to align with best practices. Establishing a clear baseline and detailed methodology is essential for tracking progress. Overall, significant improvements are needed to meet sustainability reporting expectations.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data provided in the report. |
| Scope2 | Not reported ⚠️ | No data provided in the report. |
| Scope3 | Not reported ⚠️ | No data provided in the report. |
| 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 Green Ocean Corporation Berhad's 2023 sustainability report. While the report adheres to the GRI framework and is integrated into the annual report 🟢, it falls short in providing quantifiable actions and measurable outcomes. There are no specific metrics on emissions, waste reduction, or other environmental impacts, and social initiatives lack detailed impact numbers ⚠️. The content remains largely generic, with broad statements about sustainability without supporting evidence or forward-looking commitments. To enhance credibility, the company should include verifiable data, set clear targets (e.g., net-zero goals), and provide third-party verification. Incorporating detailed KPIs and forecasting would strengthen the report's value. Overall, the report provides a basic foundation but could benefit significantly from greater specificity and transparency.
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