CABNET HOLDINGS BERHAD
Malaysia | 0191.KL | ACE
Reference
Report Year: 2024
Source Files:
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Sustainability Reporting Guide, Integrated Report 🟢
GHG Accounting
CABNET HOLDINGS BERHAD's GHG accounting efforts are currently underdeveloped. The 2024 report lacks specific data on Scope 1, 2, and 3 emissions, with no mention of a base year, boundary, inventory, or adherence to standards like the GHG Protocol. While the company highlights renewable energy use (e.g., solar power generating 125.18 MWh), there is no comprehensive GHG inventory or third-party verification. A key improvement area is to establish a structured GHG reporting framework with quantifiable metrics and external assurance. Additionally, disclosing Scope 3 emissions and setting a clear base year would enhance transparency and accountability in their environmental impact assessment.
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
- 125.18 MWh green energy 🟢
- 3R waste practices 🟢
- Solar power at 2 offices 🌞
Social Highlights
- Health screening & vaccination 🟢
- Performance appraisals 🟢
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Initial steps taken by CABNET HOLDINGS BERHAD in their 2024 sustainability report are noted, with efforts like solar energy adoption (125.18 MWh generated) and 3R waste practices showing promise 🟢. However, the report lacks depth in quantifiable actions and measurable outcomes, especially in GHG emissions accounting, where no Scope 1, 2, or 3 data is provided ⚠️. Generic statements such as 'committed to minimizing environmental impact' are present but unsupported by specific metrics or evidence. There are no forward-looking commitments like net-zero targets or timelines. To improve, the company should conduct a formal materiality assessment, establish a sustainability committee, and incorporate third-party verification for data credibility. Including detailed GHG inventories and employee impact numbers would further strengthen the report's transparency and accountability.
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