XOX NETWORKS BERHAD
Malaysia | 0140.KL | ACE
Reference
Report Year: 2024
Source Files: XOX_Networks_-_AR_2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
XOX Networks Berhad's 2024 sustainability report lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, nor any mention of base years, boundaries, or standards like the GHG Protocol. Third-party verification is absent, and carbon intensity metrics are not provided. While the company acknowledges environmental responsibility, the report does not quantify emissions or reduction efforts. A significant improvement would be to establish a comprehensive GHG inventory, adopt recognized frameworks, and set measurable targets. Incorporating verified data and detailed methodologies would enhance transparency and credibility in future reports.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data provided in the report. |
| Scope2 | Not reported ⚠️ | No data provided in the report. |
| Scope3 | Not reported ⚠️ | No data provided in the report. |
| 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 ⚠️
Efforts
- No data ⚠️
- Reduced paper use 🟢
- LED lighting adopted 🌞
- No data ⚠️
Social Highlights
- Work experience for students 🟢
- Donation to animal welfare 🥗
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Room for improvement in XOX Networks Berhad's 2024 sustainability report. While the company expresses a commitment to sustainability, the report lacks quantifiable actions and measurable outcomes ⚠️. General statements about environmental and social responsibility are present, but there are no specific metrics or data on emissions, reduction targets, or verified results. Forward-looking commitments are also absent, with no clear targets or timelines for sustainability goals. The report could benefit from adopting recognized frameworks like GRI or TCFD, incorporating third-party verification, and providing detailed data on environmental and social impacts 🟢. Including measurable indicators and forecasting future initiatives would strengthen credibility and transparency. Overall, this report provides a basic foundation but needs more depth and evidence-based content to align with best practices.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
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.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.