ELSOFT RESEARCH BERHAD
Malaysia | 0090.KL | Main
Reference
Report Year: 2023
Source Files: Elsoft_-Annual_Report_2023.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Oversees sustainability matters 🟢
Reporting
GRI, TCFD, SASB, ISSB, Integrated Report 🟢
GHG Accounting
Elsoft Research Berhad's 2023 sustainability report lacks comprehensive GHG accounting data. No Scope 1, 2, or 3 emissions are reported, nor are critical details such as base year, boundary, or GWP basis provided. Third-party verification is absent, reducing credibility. While energy consumption (2,923 MW) and water usage (4.348 ML) are disclosed, they are not linked to emissions. The company should prioritize establishing a robust GHG inventory, adopting standards like GHG Protocol, and seeking external assurance. Addressing these gaps will enhance transparency and align with stakeholder expectations for climate accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not provided. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not provided. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not 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 ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Not reported ⚠️
- Not reported ⚠️
- Not reported ⚠️
- Not reported ⚠️
Social Highlights
- RM50,500 community investment 🥗
- 100% anti-corruption training 🟢
- 759 executive training hours 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable framework adoption is evident in Elsoft Research Berhad’s 2023 sustainability report, with alignment to GRI, TCFD, SASB, and ISSB standards 🟢. The report provides quantifiable social metrics, such as RM50,500 in community investment and 100% anti-corruption training coverage. However, critical gaps exist in environmental reporting, particularly the absence of GHG emissions data and third-party verification ⚠️. While governance structures like the Sustainability Committee are in place, measurable outcomes and forward-looking commitments (e.g., net-zero targets) are lacking. Generic statements about sustainability commitment need to be supported by concrete evidence. The company could benefit from incorporating detailed emissions data, setting clear environmental targets, and seeking external assurance to enhance credibility. Overall, the report offers a foundation but requires deeper focus on environmental accountability and measurable progress.
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