GDEX BERHAD
Malaysia | 0078.KL | Main
Reference
Report Year: 2023
Source Files: GDEX_AR23_-_Part_1.pdf, GDEX_AR23_-_Part_2.pdf, GDEX_AR23_-_Part_3.pdf
Sustainability Committee
Sustainability Working Committee (Members Unknown) 🟢
- Supports initiatives 🟢
Reporting
ISO 14001, ISO 9001, Integrated Report 🟢
GHG Accounting
GDEX BERHAD demonstrates a commendable effort in GHG accounting by disclosing Scope 1 (18,719.47 tCO₂e), Scope 2 (1,426.4 tCO₂e), and partial Scope 3 (65.32 tCO₂e) emissions for FY2023. The data reflects a slight increase of 4.03% compared to FY2022, attributed to business growth. Third-party verification through ISO 14001 certification for over 90% of sites adds credibility. However, Scope 3 reporting is limited to business travel and employee commuting, missing broader categories. Key improvements include adopting fuel-efficient vehicles and solar energy, reducing emissions by 74.34 tCO₂e. Areas for enhancement include specifying a base year, GWP basis, and GHG standard, as well as expanding Scope 3 coverage to provide a holistic view of their carbon footprint.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 18,719.47 tCO₂e 🟢 | |
| Scope2 | 1,426.4 tCO₂e 🟢 | |
| Scope3 | 65.32 tCO₂e (Business Travel & Employee Commuting) 🟢 | Limited to Categories 6 and 7 ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Operational sites in Malaysia
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Internal tracking of fuel and energy consumption
- Third party verification: Verified for ISO 14001 🟢
- Carbon intensity: Not reported ⚠️
Efforts
- 74.34 tCO₂e reduction via solar 🌞
- 206.59 mt waste recycled 🟢
- Solar panels adopted 🌞
- 80% recycled plastic flyers 🌱
Social Highlights
- 400.2 kg waste collected 🥗
- Energy conservation training 🥗
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Positive strides are evident in GDEX BERHAD's FY2023 sustainability report, with quantifiable metrics such as Scope 1, 2, and partial Scope 3 emissions data, alongside waste management figures (1,534.59 mt total waste, 206.59 mt recycled) 🟢. The integration of ISO 14001 across 90% of sites and third-party verification adds credibility. However, the report lacks depth in forward-looking commitments, with vague mentions of net-zero alignment without specific targets or timelines ⚠️. Generic statements like 'committed to sustainability' are present but unsupported by detailed plans. To improve, GDEX could incorporate specific targets (e.g., emission reduction by a set year), expand Scope 3 reporting, and provide carbon intensity metrics. Overall, the report offers a solid foundation but would benefit from greater specificity and actionable commitments.
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