DS SIGMA HOLDINGS BERHAD
Malaysia | 0269.KL | Main
Reference
Report Year: 2024
Source Files: Annual_Report_2024.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
GRI, Integrated Report 🟢
GHG Accounting
DS Sigma Holdings Berhad's GHG accounting is notably underdeveloped in the 2024 report. No data is provided for Scope 1, 2, or 3 emissions, base year, boundary, or standards used, which limits transparency on their carbon footprint. While the company has taken steps like installing solar PV systems and transitioning to electric forklifts, these efforts lack quantifiable emission reduction metrics. Third-party verification is absent, though plans for limited assurance are mentioned. Significant improvement is needed in establishing a comprehensive GHG inventory, adopting recognized standards like GHG Protocol, and reporting absolute emission figures to benchmark progress. This would enhance credibility and align with global sustainability expectations.
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 conducted
- Carbon intensity: Not reported ⚠️
Efforts
- 70,295 kWh solar energy 🟢
- Solar PV systems 🌞
- 4 electric forklifts 🌱
- 14.5kg waste managed 🟢
- 3Rs principle adopted 🟢
Social Highlights
- RM47,825 on training 🟢
- 2,320 training hours 🟢
- 114 employees trained 🟢
- Engagement activities 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initial steps are evident in DS Sigma Holdings Berhad's 2024 sustainability report with an integrated approach and adherence to GRI standards 🟢. The report highlights quantifiable actions such as 70,295 kWh of solar energy generated and RM47,825 invested in training, showcasing measurable outcomes. However, significant gaps remain, particularly in GHG accounting, where no emission data for Scopes 1, 2, or 3 is provided ⚠️. Much of the content on environmental impact is generic, lacking specific targets or forward-looking commitments beyond vague promises like 'net-zero from electricity.' The planned ESG Committee by 2025 is a positive step, but current governance on sustainability lacks depth. To improve, DS Sigma should incorporate third-party verification, set clear emission reduction targets, and provide detailed progress updates to build credibility and transparency.
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