QES GROUP BERHAD
Malaysia | 0196.KL | Main
Reference
Report Year: 2023
Source Files: QES_-_AR_2023_(Part_1).pdf, QES_-_AR_2023_(Part_2).pdf
Sustainability Committee
Sustainability Steering Committee (SSC) 🟢
- Oversight on ESG strategies 🟢
- Long-term goal setting 🟢
Reporting
UN SDGs, Integrated Report 🟢
GHG Accounting
QES Group Berhad's 2023 sustainability report lacks detailed GHG accounting data. There is no reporting on Scope 1, 2, or 3 emissions, base year, or boundary definitions, which are critical for a comprehensive carbon footprint assessment. Additionally, information on GWP basis, standards used, data collection methods, and third-party verification is absent. While the report highlights a commitment to ESG goals, the absence of quantifiable metrics limits transparency. Improvements are needed in establishing a GHG inventory, adopting recognized standards like the GHG Protocol, and ensuring third-party verification to enhance credibility. Including specific emission reduction targets and timelines would also 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 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
- No data ⚠️
- No data ⚠️
- No data ⚠️
- No data ⚠️
Social Highlights
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in QES Group Berhad’s 2023 sustainability report. While the company demonstrates a commitment to ESG principles and has established a Sustainability Steering Committee 🟢, the report lacks quantifiable actions and measurable outcomes ⚠️. General statements about sustainability ambitions are present, but there are no specific metrics or data on emissions, waste reduction, or social impact initiatives. Forward-looking commitments, such as emission reduction targets or timelines, are also missing. To enhance the report’s credibility, QES should focus on incorporating specific, verifiable data, adopting international reporting frameworks like GRI or TCFD, and ensuring third-party verification of key metrics. Additionally, detailing concrete plans for environmental and social goals would provide stakeholders with a clearer picture of the company’s sustainability journey. Overall, the report provides a foundation but needs significant detail to meet best practices ⚠️.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.