SMTRACK BERHAD
Malaysia | 0169.KL | ACE
Reference
Report Year: 2024
Source Files: SM_Track_AR_23.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
SMTRACK BERHAD's 2024 sustainability report lacks detailed GHG accounting. There is no data on Scope 1, Scope 2, or Scope 3 emissions, nor is there mention of a base year, boundary, or inventory. The report briefly notes efforts to reduce electricity consumption to lower emissions, but no quantifiable metrics or verification status are provided. Key gaps include the absence of a GHG accounting standard, data collection approach, and third-party verification. To improve, the company should establish a comprehensive GHG inventory, adopt recognized standards like the GHG Protocol, set a base year for tracking, and consider third-party verification to enhance credibility. Including specific emission reduction targets and detailed reporting on all scopes would strengthen their environmental accountability.
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
- Reduced electricity usage 🟢
Social Highlights
- Safe workplace initiatives 🥗
- Staff training programs 🟢
- Gender equality policies 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in SMTRACK BERHAD's 2024 sustainability report. The report demonstrates a foundational commitment to sustainability by aligning with UNSDGs and addressing broad ESG topics. However, it lacks quantifiable actions and measurable outcomes, relying heavily on generic statements like 'committed to reducing emissions' without specific metrics or evidence ⚠️. There are no forward-looking commitments or targets, such as net-zero goals, to guide future progress. Social initiatives, such as staff training and gender equality policies, are mentioned but lack impact numbers. To enhance the report's credibility, the company should include specific data on GHG emissions, adopt recognized reporting frameworks like GRI, and provide third-party verification. Setting clear, measurable targets and detailing outcomes of social and environmental efforts would significantly improve transparency and accountability 🟢.
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