SMRT HOLDINGS BERHAD
Malaysia | 0117.KL | ACE
Reference
Report Year: 2023
Source Files: SMRT-AR_2023-Bursa.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
SMRT Holdings Berhad's GHG accounting efforts are in the early stages. The 2023 report mentions a commitment to track GHG emissions in the future but lacks current data on Scope 1, 2, or 3 emissions. There is no information on base year, boundary, GWP basis, or standards like GHG Protocol. Energy efficiency initiatives are highlighted as a step toward reducing emissions, but without quantifiable data, the impact remains unclear. The absence of third-party verification further limits credibility. SMRT should prioritize establishing a GHG inventory, adopting recognized standards, and setting measurable targets to enhance transparency and accountability in their sustainability journey.
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: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- IoT for energy monitoring 🌱
- Energy-efficient systems 🌞
- Solar energy exploration 🌞
Social Highlights
- Employee energy training 🥗
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable intent is evident in SMRT Holdings Berhad's 2023 Sustainability Statement, with a clear focus on integrating ESG considerations into their operations 🟢. The report highlights initiatives like energy-efficient systems and IoT solutions for sustainability, which show forward-thinking. However, the absence of quantifiable actions and measurable outcomes limits its impact ⚠️. Statements such as 'optimizing energy efficiency' lack specific metrics or verified data to substantiate claims. Additionally, there are no concrete forward-looking commitments beyond a general intent to track GHG emissions. To strengthen future reports, SMRT could include specific targets (e.g., percentage reduction in energy use), adopt global frameworks like GRI or TCFD, and pursue third-party verification for credibility. Overall, the report provides a foundation but needs deeper detail and evidence to demonstrate real progress.
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