PROPEL GLOBAL BERHAD
Malaysia | 0091.KL | Main
Reference
Report Year: 2024
Source Files: PGB_AR2024_Bursa_(Part_2).pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Regular HSE meetings 🟢
Reporting
Integrated Report →
GHG Accounting
PROPEL GLOBAL BERHAD has initiated GHG accounting in FY2024, reporting Scope 1 (136.93 tCO₂e), Scope 2 (313.24 tCO₂e), and Scope 3 (156.26 tCO₂e), totaling 606.43 tCO₂e. Strengths include comprehensive coverage across all scopes and detailed subsidiary-level data. However, key gaps exist: no base year for trend analysis, no mention of adherence to standards like GHG Protocol, and lack of third-party verification. The absence of carbon intensity metrics limits benchmarking. Improvement areas include establishing a base year, adopting a recognized standard, and seeking verification to enhance credibility. Forward-looking commitments, such as emission reduction targets, are also needed to demonstrate long-term sustainability focus.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 136.93 tCO₂e 🟢 | |
| Scope2 | 313.24 tCO₂e 🟢 | |
| Scope3 | 156.26 tCO₂e 🟢 | |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
Efforts
- Carpooling initiative 🟢
- 30.47 tonnes diverted 🟢
- Waste facility project 🟢
- Motion sensors 🌞
- Paperless systems 🌱
Social Highlights
- 17 employees trained 🟢
- 1,389.25 training hours 🟢
- 30 rehabilitated employed 🥗
- RM42,000 community investment 🥗
- 27 interns hosted 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable start by PROPEL GLOBAL BERHAD in sustainability reporting for FY2024 🟢. The integrated report provides a foundation with quantifiable metrics such as GHG emissions across all scopes, energy consumption (430,677 kWh), waste generated (621.36 tonnes), and social initiatives like training hours (1,389.25 hours) and community investment (RM42,000). However, gaps remain ⚠️: the absence of a recognized reporting framework (e.g., GRI) and third-party verification reduces credibility. Generic statements like 'committed to sustainability' lack measurable outcomes or specific targets. Forward-looking commitments are limited, with only plans for a formal ESG strategy in FY2025 mentioned. To improve, the company should adopt a standard framework, seek external assurance, set clear emission reduction targets, and provide detailed governance disclosures (e.g., executive salaries). Overall, a promising effort that could be strengthened with specificity and accountability.
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