BIOALPHA HOLDINGS BERHAD
Malaysia | 0179.KL | ACE
Reference
Report Year: 2023
Source Files: Bioalpha_AR2023_(BURSA).pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
Bioalpha Holdings Berhad's 2023 sustainability report lacks detailed information on GHG accounting. No data is provided for Scope 1, 2, or 3 emissions, nor are there mentions of base year, boundary, inventory, or third-party verification. While the report highlights a general commitment to reducing carbon footprint, it fails to provide quantifiable metrics or specific actions related to emissions. Improvement is needed in adopting a recognized framework like GHG Protocol, setting clear emission targets, and ensuring transparent reporting of data. Incorporating third-party verification and detailed methodologies would enhance credibility. Currently, the absence of concrete data limits the assessment of their environmental impact.
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 ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Commitment stated ⚠️
- Organic pest control 🌱
- Not reported ⚠️
- MyGAP certified farming 🌱
Social Highlights
- RM218,000 for training 🟢
- School building donation 🥗
- Kid sponsorship 🥗
- Orphanage gifts 🥗
- Old folks home support 🥗
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in Bioalpha Holdings Berhad's 2023 sustainability report. While the report reflects a general commitment to sustainability, it lacks quantifiable actions and measurable outcomes, particularly in environmental metrics like GHG emissions ⚠️. Statements such as 'reducing carbon footprint' remain vague without specific data or targets to support them. Social initiatives, however, show promise with concrete examples like donations and training budgets 🟢. The absence of forward-looking commitments or forecasting, such as net-zero targets, limits the report's depth. To enhance credibility, Bioalpha could adopt recognized reporting frameworks (e.g., GRI), provide detailed emission data, and incorporate third-party verification. Additionally, disclosing governance aspects like executive remuneration would improve transparency. Overall, the report provides a foundation but needs more specificity and evidence-based content to demonstrate true sustainability impact.
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