K-ONE TECHNOLOGY BERHAD
Malaysia | 0111.KL | ACE
Reference
Report Year: 2023
Source Files: K-One-Annual_Report_2023.md
Sustainability Committee
Sustainability Working Committee (Members: Unknown) 🟢
- Quarterly ESG meetings 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
K-ONE Technology Berhad's GHG accounting in the 2023 report lacks detailed data on Scope 1, 2, and 3 emissions, with no quantifiable figures or base year provided. While the report references the GHG Protocol during ESG training, there is no evidence of its application in actual reporting. Boundary, inventory, and data collection approaches are not specified, and third-party verification is absent, reducing credibility. Strengths include awareness of GHG management concepts through training initiatives. However, significant improvements are needed, such as disclosing absolute emission figures, establishing a clear base year, defining operational boundaries, and seeking external verification to enhance transparency and accountability in future reports.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not provided in the report. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not provided in the report. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not provided in the report. |
| 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: GHG Protocol 🟢
- Data collection approach: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No data ⚠️
- Paper-light initiative 🟢
- IoT for smart factory 🌱
- Automated production 🌱
Social Highlights
- Internships for students 🟢
- Aid for poor students 🥗
- 15 staff trained on ESG 🟢
- 28 leaders trained 🟢
- Motivational course 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initiative by K-ONE Technology Berhad in integrating sustainability into its 2023 report 🟢. The report highlights a structured governance framework and social efforts with measurable outcomes, such as training 15 staff on ESG and providing internships. However, it falls short on quantifiable environmental data, particularly in GHG emissions reporting ⚠️, with no absolute figures for Scope 1, 2, or 3 emissions. Statements on sustainability commitments often appear generic, lacking evidence of measurable targets or outcomes. Forward-looking commitments, like net-zero goals, are absent. To improve, the company should disclose detailed emission data, set specific sustainability targets, and consider third-party verification for credibility. Overall, the report provides a foundation but could benefit from greater depth and transparency in environmental performance metrics.
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