APPASIA BERHAD
Malaysia | 0119.KL | ACE
Reference
Report Year: 2023
Source Files: AppAsia_Berhad_-_Annual_Report_2023_-_Part_2.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
AppAsia Berhad's 2023 sustainability report lacks detailed information on GHG accounting. There is no data provided for Scope 1, 2, or 3 emissions, nor any mention of a base year, boundary, or inventory. Key elements such as GWP basis, standards (e.g., GHG Protocol), data collection approaches, and third-party verification are also absent. While the company expresses a general commitment to reducing environmental impact, there are no quantifiable metrics or specific initiatives outlined. A significant improvement is needed in establishing a GHG inventory, adopting recognized standards, and ensuring transparency through verified data to strengthen credibility and accountability in environmental reporting.
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 ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Social Highlights
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in AppAsia Berhad's 2023 sustainability report ⚠️. While the report acknowledges the importance of sustainability and stakeholder engagement, it lacks quantifiable actions and measurable outcomes. Statements such as 'reducing environmental impact' remain generic without specific metrics or evidence to support claims. There are no details on GHG emissions, social initiatives with impact numbers, or forward-looking commitments like net-zero targets. The intention to adopt the International Integrated Reporting Framework is a positive step 🟢, but currently, the report provides limited actionable insights. To enhance credibility, AppAsia could incorporate specific data (e.g., emission reductions, employee training numbers), establish third-party verification, and outline clear, time-bound sustainability goals. This would transform the report into a robust tool for stakeholders.
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