ALDRICH RESOURCES BERHAD
Malaysia | 0079.KL | ACE
Reference
Report Year: 2023
Source Files:
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Sustainability Reporting Guide, Integrated Report 🟢
GHG Accounting
Aldrich Resources Berhad's 2023 sustainability report lacks detailed GHG accounting data, with no reporting on Scope 1, 2, or 3 emissions, base year, or verification status. This represents a significant gap in transparency regarding the company's environmental impact. While the report mentions a commitment to minimizing environmental footprint, there are no quantifiable metrics or standards (e.g., GHG Protocol) to substantiate these claims. Key improvement areas include establishing a baseline for emissions, adopting recognized frameworks for GHG accounting, and pursuing third-party verification to enhance credibility. Without these, stakeholders cannot assess the company's progress on climate goals. Future reports should prioritize measurable data to demonstrate accountability and commitment to sustainability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| 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 reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Paper recycling & waste segregation 🟢
Social Highlights
- Employee training programs 🟢
- Flexible work hours 🟢
- Cultural celebrations 🥗
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in Aldrich Resources Berhad's 2023 sustainability report. While the report demonstrates a foundational commitment to sustainability through alignment with the Bursa Malaysia Sustainability Reporting Guide 🟢, it falls short in providing quantifiable actions and measurable outcomes. Statements about minimizing environmental footprint and supporting employees are positive but remain generic, lacking specific metrics or evidence of impact ⚠️. There are no forward-looking commitments, such as net-zero targets or emission reduction goals, to guide future progress. The inclusion of waste segregation initiatives and employee engagement activities is a step forward, but deeper data is needed. To enhance credibility, the company should incorporate third-party verification, detailed GHG accounting, and specific, time-bound targets. This would transform the report into a robust tool for stakeholder accountability and trust-building.
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