BAHVEST RESOURCES BERHAD
Malaysia | 0098.KL | ACE
Reference
Report Year: 2024
Source Files: AuMAS_Resources_Berhad_AR24_(Bursa).md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
BAHVEST RESOURCES BERHAD's sustainability report for 2024 lacks comprehensive GHG accounting. There is no data on Scope 1, Scope 2, or Scope 3 emissions, nor are there details on base year, boundary, or inventory. The report does not specify a GWP basis or adhere to recognized standards like GHG Protocol. Data collection is internally sourced but lacks third-party verification, reducing credibility. A key gap is the absence of carbon intensity metrics or reduction targets. The company should prioritize establishing a robust GHG inventory, adopting international standards, and seeking external assurance to enhance transparency and accountability in future reports.
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 specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Internal sourcing →
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 7 sedimentation ponds 🟢
- Retention ponds for recycling 🌱
Social Highlights
- PPE provided 🟢
- Weekly safety meetings 🟢
- 4 lost time incidents 🔴
- RM 64,000 donated 🥗
- 240 employees 🟢
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Moderate effort in sustainability reporting is evident in BAHVEST RESOURCES BERHAD’s 2024 integrated report 🟢. The report highlights environmental initiatives like sedimentation ponds and social contributions such as donations (RM 64,000 in FYE2024). However, it falls short on quantifiable outcomes for GHG emissions, lacking data on Scope 1, 2, or 3, and missing third-party verification ⚠️. Forward-looking commitments are vague, with generic statements like 'commitment to sustainability' lacking specific targets or timelines. To improve, the company should incorporate measurable GHG metrics, adopt international frameworks like GRI or TCFD, and provide concrete future goals (e.g., net-zero targets). Enhancing data assurance and transparency on governance aspects like salary disclosure would also strengthen credibility. Overall, the report provides a foundation but requires deeper detail and accountability.
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