UMEDIC GROUP BERHAD
Malaysia | 0256.KL | Main
Reference
Report Year: 2024
Source Files: Umedic_AR2024-_Part_2.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Identifies material sustainability matters 🟢
- Proposes initiatives 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
UMEDIC GROUP BERHAD's sustainability report for FYE 2024 lacks detailed GHG accounting data. There is no reporting on Scope 1, 2, or 3 emissions, base year, boundary, or inventory details. Additionally, critical elements such as GWP basis, accounting standards, and third-party verification are absent, limiting transparency. While the report mentions minor environmental efforts, such as supporting green vehicles and tree planting, there are no quantifiable emission metrics to assess impact. A key improvement area is to establish a comprehensive GHG inventory with absolute emission figures and pursue third-party verification to enhance credibility. Addressing these gaps will strengthen their environmental accountability and align with global sustainability standards.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data available for Scope 1 emissions. |
| Scope2 | Not reported ⚠️ | No data available for Scope 2 emissions. |
| Scope3 | Not reported ⚠️ | No data available for 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 ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy-saving initiatives 🟢
- Waste management compliance 🟢
- Green vehicle support 🌞
- 200 trees planted 🌱
Social Highlights
- 4,273.90 training hours 🟢
- RM1,600 for Earth Day 🥗
- Zero fatalities 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initiative by UMEDIC GROUP BERHAD in presenting their sustainability efforts for FYE 2024 within an integrated report 🟢. The report outlines a clear governance structure with a Sustainability Committee and aligns with Bursa Malaysia’s Sustainability Reporting Guide. Social efforts, such as providing over 4,000 training hours, reflect measurable outcomes 🟢. However, the report lacks quantifiable environmental data, particularly on GHG emissions, with no details on Scope 1, 2, or 3 metrics ⚠️. Statements like 'efficient energy management' remain generic without supporting figures. Forward-looking commitments are limited, with no specific targets for emission reductions or net-zero goals ⚠️. To improve, the company should incorporate detailed GHG accounting, pursue third-party verification, and set measurable sustainability targets. This would enhance transparency and provide stakeholders with a clearer view of their impact and progress.
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