OPTIMAX HOLDINGS BERHAD
Malaysia | 0222.KL | Main
Reference
Report Year: 2023
Source Files: OHB_-_Annual_Report_FYE_31.12.2023_(Part_2)_(final).md
Sustainability Committee
Sustainability Working Group 🟢
- Semi-annual meetings 🟢
- June 2023 expert session 🟢
Reporting
Integrated Report →
GHG Accounting
OPTIMAX HOLDINGS BERHAD's 2023 sustainability report lacks any specific data or discussion on GHG emissions accounting. There is no mention of Scope 1, 2, or 3 emissions, base year, boundaries, or standards such as the GHG Protocol. Additionally, no information is provided on data collection methods or third-party verification. While the report outlines a sustainability framework, it does not address environmental impact metrics like carbon intensity. A significant improvement would be to establish a GHG inventory and adopt recognized frameworks for emissions reporting. Incorporating these elements would enhance transparency and demonstrate commitment to environmental sustainability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions ⚠️ |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions ⚠️ |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions ⚠️ |
| 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 available ⚠️
- No data available ⚠️
- No data available ⚠️
- No data available ⚠️
Social Highlights
- Stakeholder engagement 🟢
- Ethics training for employees 🟢
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Initial Steps Taken 🟢. OPTIMAX HOLDINGS BERHAD's 2023 integrated sustainability report shows a foundational effort in addressing sustainability through the establishment of a Sustainability Working Group and stakeholder engagement activities. The focus on materiality assessments and ethics training for employees is commendable. However, the report lacks quantifiable actions and measurable outcomes ⚠️, particularly in environmental metrics such as GHG emissions or waste reduction. Statements remain generic, with limited evidence of impact or specific targets. There are also no forward-looking commitments, such as net-zero goals or sustainability forecasts. To improve, OPTIMAX could incorporate specific metrics for environmental and social initiatives, adopt recognized reporting frameworks like GRI, and include third-party verification for credibility. This would transform the report from a narrative into a robust tool for accountability and progress tracking.
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