XOX BHD
Malaysia | 0165.KL | ACE
Reference
Report Year: 2024
Source Files: XOX_-_AR2024_(Part_2).pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
XOX BHD's GHG accounting in the 2024 report is notably incomplete, with no data provided for Scope 1, 2, or 3 emissions. Key elements such as base year, boundary, GWP basis, and verification status are absent, limiting transparency. While the report mentions a commitment to environmental sustainability, there is no quantifiable evidence of emissions tracking or reduction efforts. Improvements are needed in establishing a formal GHG inventory, adopting recognized standards like the GHG Protocol, and engaging third-party verification to enhance credibility. Prioritizing these areas will strengthen XOX’s environmental accountability and align with stakeholder expectations for robust climate action 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 ⚠️
Efforts
- Sustainable materials adopted 🌱
- E-waste recycling partnership 🟢
- Waste reduction in operations 🟢
Social Highlights
- 92.5% customer satisfaction 🟢
- 332 training hours 🟢
- RM 103,146 community investment 🥗
- Supported community runs 🥗
- Jerseys donated to children 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable intent is evident in XOX BHD’s 2024 sustainability report, with a clear focus on social initiatives and governance principles 🟢. The report highlights measurable outcomes like a 92.5% customer satisfaction rating and RM 103,146 in community investment, which add credibility. However, the absence of quantifiable environmental data, particularly on GHG emissions, is a significant gap ⚠️. Statements about environmental sustainability remain generic, lacking specific metrics or forward-looking commitments such as net-zero targets. The lack of a sustainability committee also limits oversight. XOX could improve by incorporating detailed emissions data, adopting globally recognized frameworks like GRI or TCFD, and setting measurable goals for environmental impact. Establishing a dedicated committee would further strengthen accountability. Overall, the report provides a foundation but needs deeper substance in environmental reporting to meet stakeholder expectations.
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