CORAZA INTEGRATED TECHNOLOGY BERHAD
Malaysia | 0240.KL | ACE
Reference
Report Year: 2023
Source Files: Coraza_-_Annual_Report_2023.md
Sustainability Committee
Risk Management & Sustainability Committee (4 pax) 🟢
- 5 meetings 🟢
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
The sustainability report of Coraza Integrated Technology Berhad for 2023 lacks detailed information on GHG accounting. No data is provided on Scope 1, 2, or 3 emissions, base year, or carbon intensity metrics. There is also no mention of the standards used, data collection approaches, or third-party verification, which are critical for credible reporting. While the company acknowledges sustainability as a key element in its strategy, the absence of quantifiable data hinders transparency. Improvements are needed in establishing a structured GHG inventory, adopting recognized frameworks like the GHG Protocol, and ensuring third-party verification to enhance credibility. Reporting on biogenic emissions is not applicable as there is no indication of biomass or biofuel usage.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not available. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not available. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not available. |
| 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
- Not reported ⚠️
- Not reported ⚠️
- Not reported ⚠️
- Not reported ⚠️
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Room for Improvement in sustainability reporting for Coraza Integrated Technology Berhad 🟢. The 2023 integrated report acknowledges the importance of environmental, social, and governance (ESG) aspects and establishes a Risk Management & Sustainability Committee, which is a positive step. However, the report lacks quantifiable actions and measurable outcomes ⚠️. There are no specific metrics on GHG emissions, waste reduction, or social initiatives, and generic statements about sustainability commitment are not supported by evidence. Additionally, the absence of forward-looking commitments or targets, such as net-zero goals, limits the report's impact. To enhance credibility, the company should adopt recognized reporting frameworks like GRI or TCFD, provide verified data, and include specific, measurable targets. This would strengthen transparency and demonstrate a robust approach to sustainability.
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.