ES CERAMICS TECHNOLOGY BHD
Malaysia | 0100.KL | ACE
Reference
Report Year: 2024
Source Files:
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Reviewed materiality matrix 🟢
Reporting
GRI, SASB, Integrated Report 🟢
GHG Accounting
ES Ceramics demonstrates a foundational approach to GHG accounting with data on fuel (3,977 liters in 2024) and electricity consumption (1,038,554 kWh in 2024) across subsidiaries, serving as proxies for Scope 1 and 2 emissions. The commitment to carbon neutrality by 2030 and net zero by 2050 is commendable, yet the absence of a base year, Scope 3 data, and third-party verification limits transparency. No specific GWP basis or standard (e.g., GHG Protocol) is mentioned, which could enhance credibility. A strength is the direct measurement approach for operational data. To improve, the company should report Scope 3 emissions, establish a clear base year, adopt a recognized standard, and seek third-party verification to validate progress toward targets.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 3,977 liters fuel (proxy for Scope 1) 🟢 | Reported as fuel consumption for forklifts and lorries, not direct tCO₂e. |
| Scope2 | 1,038,554 kWh electricity (proxy for Scope 2) 🟢 | Reported as electricity consumption, not direct tCO₂e. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not disclosed in the report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Operational control 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Direct measurement 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Carbon neutrality by 2030 🟢
- Water reduced to 21,511 m³ 🟢
- Energy-efficient equipment 🌞
- Rainwater harvesting 🌱
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initiative by ES Ceramics in integrating sustainability into their 2024 report 🟢. The inclusion of quantifiable metrics, such as fuel consumption (3,977 liters) and electricity usage (1,038,554 kWh), alongside targets like carbon neutrality by 2030, provides a clear baseline for environmental performance. However, the report lacks depth in certain areas ⚠️, with no third-party verification, missing Scope 3 emissions, and vague governance disclosures (e.g., undisclosed executive salaries). While forward-looking commitments are evident, measurable outcomes for social and governance initiatives are limited. Generic statements like 'committed to sustainability' need to be backed by more specific evidence. To enhance credibility, the company could incorporate third-party verification, expand Scope 3 reporting, and provide detailed social impact metrics. Overall, the report lays a solid foundation but would benefit from greater transparency and specificity.
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