SCICOM (MSC) BERHAD
Malaysia | 0099.KL | Main
Reference
Report Year: 2024
Source Files: Scicom-Annual_Report-2024-Part3.pdf
Sustainability Committee
Sustainability Committee (3 pax) 🟢
- Reviewed Report 🟢
- ESG Oversight 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
SCICOM's GHG accounting in FY2024 lacks critical data, with no reporting on Scope 1, 2, or 3 emissions. The report does not specify a base year, boundary, inventory, or standards used for emissions accounting. Additionally, there is no mention of third-party verification or carbon intensity metrics, limiting the transparency and credibility of their environmental impact assessment. While the company shows intent through energy-saving initiatives like smart thermostats, the absence of quantifiable emission data is a significant gap. To improve, SCICOM should establish a comprehensive GHG inventory, adopt recognized standards like the GHG Protocol, and consider third-party verification to enhance accountability and stakeholder trust.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data available for Scope 1 emissions. |
| Scope2 | Not reported ⚠️ | No data available for Scope 2 emissions. |
| Scope3 | Not reported ⚠️ | No data available for Scope 3 emissions. |
| 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: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Smart Thermostats 🌞
Social Highlights
- Employee Development 🥗
- Limited data available ⚠️ (Insufficient quantifiable social impact data reported.)
- Limited data available ⚠️ (Insufficient quantifiable social impact data reported.)
- Limited data available ⚠️ (Insufficient quantifiable social impact data reported.)
- Limited data available ⚠️ (Insufficient quantifiable social impact data reported.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable framework adoption is evident in SCICOM’s FY2024 sustainability report, with alignment to GRI standards and integration into their annual report 🟢. The presence of a Risk and Sustainability Committee and oversight by the Board are positive steps toward embedding ESG into operations. However, the report falls short on quantifiable actions and measurable outcomes ⚠️, particularly in GHG emissions accounting, where no data on Scope 1, 2, or 3 is provided. Social impact highlights also lack specific metrics, relying on qualitative descriptions. While initiatives like smart thermostats show environmental intent, the absence of forward-looking commitments or targets limits the report’s depth. To enhance credibility, SCICOM could incorporate third-party verification, set clear ESG targets (e.g., net-zero by a specific year), and provide detailed metrics on emissions and social initiatives.
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