FIBON BERHAD
Malaysia | 0149.KL | Main
Reference
Report Year: 2024
Source Files: Fibon_Berhad_-_Annual_Report_2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
Fibon Berhad's sustainability report for FY2024 lacks detailed GHG accounting data, with no reporting on Scope 1, 2, or 3 emissions, base year, or carbon intensity metrics. The absence of a defined boundary, inventory, or standard (e.g., GHG Protocol) limits transparency. Additionally, there is no mention of third-party verification, which the report acknowledges will only be considered for future years. A key improvement area is the inclusion of quantifiable emission data and adoption of recognized frameworks for GHG accounting. Without these, assessing the environmental impact of their operations remains challenging. The company should prioritize establishing a baseline for emissions and seek external verification to enhance credibility.
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 verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No data ⚠️
- No data ⚠️
- No data ⚠️
- No data ⚠️
Social Highlights
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in Fibon Berhad's FY2024 Sustainability Report ⚠️. While the report adheres to the Bursa Malaysia Sustainability Reporting Guide and demonstrates a commitment to transparency, it lacks quantifiable actions and measurable outcomes across environmental, social, and governance (ESG) domains. Generic statements such as 'reducing our environmental footprint' are present, but without specific metrics or data (e.g., emission reductions or waste recycled), the impact remains unclear. There are no forward-looking commitments like net-zero targets or timelines for improvement. The absence of third-party verification, as acknowledged in the report, further limits credibility. To enhance future reports, Fibon should focus on providing specific, data-driven results, setting measurable ESG goals, and incorporating independent audits for validation 🟢. This would strengthen stakeholder trust and provide a clearer picture of their sustainability journey.
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