BINASAT COMMUNICATIONS BERHAD
Malaysia | 0195.KL | ACE
Reference
Report Year: 2023
Source Files: Binasat_-_Annual_Report_2023.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
UN SDG, Integrated Report 🟢
GHG Accounting
Binasat Communications Berhad's sustainability report for 2023 lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, base year, or operational boundaries, which limits transparency on their carbon footprint. The report mentions efforts to reduce travel-related emissions through virtual meetings, but this is not quantified. Key gaps include the absence of a GHG inventory, third-party verification, and adherence to standards like the GHG Protocol. To improve, Binasat should establish a comprehensive GHG accounting framework, set a base year, and aim for external verification to enhance credibility. Quantifying emission reduction initiatives would also provide a clearer picture of their environmental impact.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not available. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not available. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not available. |
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
- Virtual meetings adopted 🟢
- 3R principles adopted 🟢
- Energy-saving tech installed 🌞
- Paperless practices adopted 🌱
Social Highlights
- 24 interns trained 🟢
- Zero workplace injuries 🟢
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Moderate effort in sustainability reporting is evident in Binasat Communications Berhad's 2023 integrated report 🟢. The report aligns with the UN SDG framework and highlights initiatives like virtual meetings, energy-saving technologies, and the 3R principles for waste management. However, it lacks quantifiable outcomes for most environmental efforts, such as specific emission reductions or energy savings ⚠️. Social initiatives, like training 24 interns, are commendable but limited in scope. Governance disclosures are present, with policies on anti-corruption and whistleblowing, yet transparency on executive compensation is missing. Forward-looking commitments or targets (e.g., net-zero goals) are absent. To improve, Binasat should focus on measurable metrics for environmental impact, incorporate GHG accounting with third-party verification, and provide clearer future sustainability targets. This would elevate the report from a foundational effort to a robust disclosure.
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