EDUSPEC HOLDINGS BERHAD

Malaysia | 0107.KL | ACE

By Sustify.world AI model | 2025-05-25
Eduspec Holdings Berhad, an investment holding company, develops and provides education technology products and services. The company provides systematic information technology learning and robotics programs; science, technology, engineering, and mathematics programs to schools; digital school solutions; consultancy services and IT systems deployment in schools; and testing services for electrical and electronics industry; as well as technical maintenance support services; computer training; child enrichment programs; trading of computer and computer peripherals; and research, development, and trading of educational software, computer courses, and technical books. It offers training services to organizations; computer programming services, such as design, customization, and upgradation of software, database, web pages; Online EdTech platform; testing services for 5G optical related products; and electronic manufacturing services for electronic, network telecommunication, and technology related products and services. In addition, the company markets and operates robotics for school programs and other related enrichment programs. In addition, the company is involved in the training of education tools and programs; provision of education solutions and training; provision and operation of IT learning for the pre-school market and related activities; land investment; and management and overseeing of theme park. Eduspec Holdings Berhad was formerly known as Litespeed Education Technologies Berhad and changed its name to Eduspec Holdings Berhad in March 2010. The company was founded in 1984 and is based in Petaling Jaya, Malaysia.

Reference

Report Year: 2024
Source Files: EHB-Annual_Report_2024-Part_I-Bursa.pdf

Sustainability Committee

Sustainability Committee (Unknown pax) 🟢

  • Strategy alignment 🟢
  • Policy evaluation 🟢

Reporting

Integrated Report, No Specific Framework Mentioned ⚠️

GHG Accounting

Eduspec Holdings Berhad's sustainability report for 2024 lacks detailed GHG accounting information. There is no data on Scope 1, 2, or 3 emissions, nor any mention of a base year, operational boundary, or accounting standards such as the GHG Protocol. Additionally, third-party verification is not reported, which limits the credibility of environmental claims. While the report expresses a commitment to environmental protection, such as reducing energy consumption, it falls short of providing measurable outcomes or specific targets. To improve, Eduspec should establish a comprehensive GHG inventory, adopt recognized frameworks, and pursue external validation of data.

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 reported ⚠️
  • Boundary inventory: Not reported ⚠️
  • Gwp basis: Not reported ⚠️
  • Standard: Not reported ⚠️
  • Third party verification: Not reported ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • Energy reduction initiatives 🟢
  • Renewable resource usage 🟢
  • Not reported ⚠️
  • Reduced non-renewable materials 🟢

Social Highlights

  • Employee safety training 🟢
  • Limited data available ⚠️ (Insufficient measurable social initiatives reported.)
  • Limited data available ⚠️ (Insufficient measurable social initiatives reported.)
  • Limited data available ⚠️ (Insufficient measurable social initiatives reported.)
  • Limited data available ⚠️ (Insufficient measurable social initiatives reported.)

Governance

  • Salary disclosure: Can't find ⚠️
  • Litigation: Can't find ⚠️

Report Quality

Room for Improvement in Eduspec Holdings Berhad's 2024 sustainability report. While the company demonstrates a commitment to sustainability through the establishment of a Sustainability Committee and a governance structure, the report lacks quantifiable actions and measurable outcomes ⚠️. General statements about environmental protection and social responsibility are present, but specific metrics, such as emission reductions or detailed social impact numbers, are absent. There are no forward-looking commitments or targets, such as net-zero goals, which could provide a clearer vision for the future. The report would benefit from adopting recognized frameworks like GRI or TCFD, incorporating third-party verification, and providing detailed data on GHG emissions and social initiatives. Overall, this report serves as a starting point but needs more depth and evidence to build stakeholder confidence 🟢.

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This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.

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