RESERVOIR LINK ENERGY BHD
Malaysia | 0219.KL | Main
Reference
Report Year: 2023
Source Files: Reservoir_Link_Energy_Bhd_AR2023.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Monthly meetings 🟢
- Quarterly Board meetings 🟢
Reporting
TCFD, Integrated Report 🟢
GHG Accounting
Reservoir Link Energy Bhd demonstrates an initial effort in GHG accounting by reporting Scope 1 emissions from vehicle operations (forklift, crane) and Scope 2 emissions from electricity usage with UK GHG conversion factors. However, the scope is limited, and Scope 3 emissions are not yet included, though future reporting is planned. Key gaps include the absence of a base year, lack of adherence to recognized standards like GHG Protocol, and no third-party verification. Improvement is needed in expanding emission boundaries, setting measurable targets, and ensuring data credibility through external audits. Establishing a comprehensive inventory and aligning with global standards will strengthen their climate impact assessment.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Reported (forklift, crane) 🟢 | Limited to specific operations |
| Scope2 | Reported (electricity, UK factor) 🟢 | Uses UK Electricity Emission Factor 2022 |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not included, planned for future reporting |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Limited scope ⚠️
- Gwp basis: UK GHG Factors 🟢
- Standard: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Scope 1 & 2 tracking initiated 🟢
- 17% paper reduction 🟢
- 4.86 MT waste managed 🟢
- 924.75 MWdc solar projects 🌞
- 3R framework adopted 🌱
Social Highlights
- 3,364 training hours 🟢
- 24 interns hired (6 employed) 🥗
- RM45,312 on charity 🥗
- 89% customer satisfaction 🟢
- 13 employee activities 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable start by Reservoir Link Energy Bhd in their sustainability reporting journey 🟢. The 2023 integrated report provides a solid foundation with quantifiable actions such as a 17% reduction in paper usage, 924.75 MWdc solar project capacity, and 3,364 training hours for employees. Measurable outcomes like zero lost time injuries and waste management (4.86 MT) reflect a commitment to transparency. Forward-looking commitments, including TCFD disclosure by 2024 and carbon neutrality by 2050, are promising 🟢. However, the report contains generic statements like 'committed to sustainability' without sufficient evidence or detailed metrics in areas like GHG emissions (Scope 3 missing) and energy targets ⚠️. Improvements could include incorporating third-party verification for emission data, setting specific reduction targets, and expanding Scope 3 reporting. Overall, a constructive effort that can be enhanced with deeper data and accountability.
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