GAGASAN NADI CERGAS BERHAD
Malaysia | 0206.KL | ACE
Reference
Report Year: 2023
Source Files: GNCB_Annual_Report_2023_-_Part_2.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Formed in 2018 🟢
- Enhanced in 2020 🟢
- Operational Committee in 2021 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Gagasan Nadi Cergas Berhad has initiated efforts in GHG accounting by starting data collection for Scope 1, Scope 2, and partial Scope 3 emissions (Categories 6 & 7) since 2022, with plans to disclose baseline data in 2024. The company has set sustainability targets, demonstrating intent to manage its carbon footprint. However, critical details such as base year, GWP basis, and specific emission figures for 2023 are not disclosed, limiting transparency. Additionally, there is no third-party verification yet, though future engagement is planned. Improvements are needed in reporting absolute emission data, adopting a recognized standard like GHG Protocol, and accelerating verification processes to enhance credibility.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Baseline data in progress 🟢 | Specific figures for 2023 not disclosed; planned disclosure in 2024 ⚠️ |
| Scope2 | Baseline data in progress 🟢 | Specific figures for 2023 not disclosed; planned disclosure in 2024 ⚠️ |
| Scope3 | Partial coverage planned 🟢 | Specific figures for 2023 not disclosed; planned disclosure in 2024 ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Core operations covered 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Targets set for Scopes 1-3 🟢
- Waste management focus 🟢
- Environmental protection focus 🌱
- Sustainability in risk management 🟢
Social Highlights
- Diversity & inclusion focus 🟢 (Specific numbers not provided ⚠️)
- Employee training programs 🟢 (Specific numbers not provided ⚠️)
- Community investment 🥗 (Specific impact not quantified ⚠️)
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initiative by Gagasan Nadi Cergas Berhad in embedding sustainability into its business practices through an integrated report aligned with GRI standards 🟢. The establishment of sustainability committees at various levels and the focus on setting GHG emission targets reflect a structured approach. However, the report lacks quantifiable outcomes for key metrics such as specific emission figures, waste reduction, or social impact numbers ⚠️. While forward-looking commitments like disclosing baseline GHG data in 2024 are noted, the reliance on qualitative descriptions and generic statements (e.g., 'committed to sustainability') reduces depth. To improve, the company should prioritize quantitative disclosures, expedite third-party verification, and provide detailed progress on targets. Overall, the report provides a foundation but requires more measurable evidence to enhance credibility.
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