GREEN PACKET BERHAD
Malaysia | 0082.KL | Main
Reference
Report Year: 2024
Source Files: Green_Packet_AR24_Part_2.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Oversees objectives 🟢
- Integrates practices 🟢
- Promotes awareness 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
Green Packet Berhad's GHG accounting in FY2024 shows limited progress with Scope 2 emissions reported at 37.13 tCO₂e for electricity usage. However, critical gaps remain, as Scope 1 and Scope 3 emissions are not disclosed, and there is no mention of a base year, GWP basis, or adherence to standards like GHG Protocol. The lack of third-party verification further undermines credibility. While the company acknowledges minimal environmental impact due to its business nature, adopting the TCFD framework is a positive step, though implementation is pending. Improvements are needed in comprehensive emission reporting, setting a base year, and obtaining external assurance to enhance transparency and align with global sustainability standards.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data provided for Scope 1 emissions. |
| Scope2 | 37.13 tCO₂e 🟢 | Reported for electricity usage. |
| Scope3 | Not reported ⚠️ | No data provided for Scope 3 emissions. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Office operations →
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Hybrid work model 🟢
- Digital processes 🟢
- Energy reduction target 🌞
- Water reduction target 🌱
Social Highlights
- RM 7,188 for 119 beneficiaries 🥗
- 1,498 training hours 🟢
- 98.7% satisfaction rate 🟢
- Cashless campus programs 🥗
- 200,000+ e-Wallet users 🟢
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable Initial Efforts by Green Packet Berhad in their FY2024 sustainability report 🟢. The integrated report highlights quantifiable actions such as 1,498 training hours and 98.7% customer satisfaction, alongside community investments of RM 7,188 benefiting 119 individuals. However, the report lacks depth in environmental metrics, with only Scope 2 emissions reported and no third-party verification ⚠️. Forward-looking commitments like FY2025 targets for energy and water reduction (2.5%) are noted, but vague statements such as 'committed to sustainability' lack supporting evidence. To improve, the company should incorporate comprehensive GHG accounting across all scopes, seek external assurance, and provide detailed progress on TCFD adoption. This would transform a solid foundation into a robust, credible sustainability narrative.
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.