AGMO HOLDINGS BERHAD
Malaysia | 0258.KL | ACE
Reference
Report Year: 2024
Source Files: Agmo_Holdings_Berhad_Annual_Report_2024_Part_1.md, Agmo_Holdings_Berhad_Annual_Report_2024_Part_2.md
Sustainability Committee
Sustainability Working Committee (Unknown pax) 🟢
- Develop goals 🟢
- Supervise operations 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
AGMO Holdings Berhad's 2024 sustainability report lacks detailed GHG accounting data. There is no information on Scope 1, 2, or 3 emissions, base year, boundary, or inventory, nor any mention of standards like GHG Protocol or third-party verification. While the company expresses intent to mitigate its operational footprint, this is not supported by quantifiable metrics or specific actions. A significant improvement would be to establish a comprehensive GHG inventory, adopt recognized frameworks, and report absolute emission figures. Including third-party verification would enhance credibility. Currently, the absence of data limits the ability to assess the environmental impact of their operations.
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
- 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 ⚠️
- No data ⚠️
- ESG digital solutions 🌱
- No data ⚠️
Social Highlights
- 50+ participants in coding workshop 🟢
- 200 undergraduates trained 🟢
- Sustainability contest for students 🥗
- 3D modeling workshop 🥗
- Limited data available ⚠️ (Additional social initiatives not detailed in the report.)
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable intent is evident in AGMO Holdings Berhad's 2024 sustainability report, with a clear focus on integrating ESG principles into operations and digital solutions 🟢. The establishment of a Sustainability Working Committee and a three-tier governance structure is a positive step. Social initiatives, such as workshops for over 50 participants and training 200 undergraduates, provide measurable outcomes that enhance community impact 🟢. However, the report lacks depth in key areas, particularly GHG accounting, with no data on emissions, frameworks, or verification ⚠️. Generic statements like 'mitigating operational footprint' are not backed by quantifiable actions or forward-looking commitments. To improve, AGMO should adopt recognized reporting frameworks (e.g., GRI), include specific emission metrics, and set clear targets for sustainability goals. Incorporating third-party verification would further strengthen credibility. Overall, the report provides a foundation but needs more substance to reflect true sustainability progress.
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