ECONFRAME BERHAD
Malaysia | 0227.KL | ACE
Reference
Report Year: 2024
Source Files: Econframe_Berhad_-_Annual_Report_2024.md
Sustainability Committee
Sustainability Working Committee (Unknown pax) 🟢
- No specific activities reported ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
ECONFRAME BERHAD's 2024 sustainability report lacks detailed information on GHG accounting. There is no data provided for Scope 1, Scope 2, or Scope 3 emissions, nor are there mentions of a base year, boundary, or inventory details. Additionally, the report does not specify any standards (e.g., GHG Protocol) or third-party verification processes. While the company expresses a commitment to minimizing environmental impact, the absence of quantifiable metrics or methodologies limits the transparency of their efforts. To improve, the company should establish a structured GHG inventory, adopt recognized reporting standards, and consider third-party verification to enhance credibility. Providing specific data on emissions and reduction targets would strengthen their sustainability profile.
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
Efforts
- No specific efforts ⚠️
- No specific efforts ⚠️
- No specific efforts ⚠️
- No specific efforts ⚠️
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 ECONFRAME BERHAD's 2024 sustainability report. While the report acknowledges the importance of sustainability and mentions the establishment of a Sustainability Working Committee, it lacks quantifiable actions and measurable outcomes ⚠️. Statements such as 'minimizing environmental impact' are generic and unsupported by specific data or evidence. There are no details on GHG emissions, social initiatives, or forward-looking commitments like net-zero targets. The integrated report format is a positive step 🟢, but adopting recognized frameworks like GRI or TCFD would enhance credibility. To improve, the company should include specific metrics (e.g., emission reductions, waste recycled), provide third-party verification, and outline clear sustainability goals. This would transform the report from a foundational document into a robust tool for stakeholder accountability.
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