OPPSTAR BERHAD
Malaysia | 0275.KL | ACE
Reference
Report Year: 2024
Source Files: Oppstar-_Annual_Report_2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Sustainability Reporting Guide, Integrated Report 🟢
GHG Accounting
Oppstar Berhad's GHG accounting for FYE 2024 reports a total carbon emission of 98.20 tonnes CO₂e, which is a positive step towards transparency. However, critical details such as Scope 1, 2, and 3 breakdowns, base year, boundary, and inventory are missing, limiting the depth of analysis. The absence of a specified standard (e.g., GHG Protocol) and third-party verification further reduces credibility. Key strength lies in reporting total emissions, but improvements are needed in detailed categorization and adherence to international frameworks. The company should also consider external assurance to enhance data reliability and provide carbon intensity metrics for better benchmarking.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not specified ⚠️ | Scope 1 emissions not separately reported. |
| Scope2 | Not specified ⚠️ | Scope 2 emissions not separately reported. |
| Scope3 | Not specified ⚠️ | Scope 3 emissions not reported. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
Efforts
- Energy use: 147,372 kWh 🟢
- 100% LED lighting 🌞
- Hybrid/EV subsidy 🌱
- Office near public transport 🚆
Social Highlights
- 91.7% customer growth 🟢
- Zero complaints 🟢
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initial steps are evident in Oppstar Berhad's sustainability reporting for FYE 2024 🟢. The integration of sustainability into the annual report and alignment with Bursa Malaysia’s Sustainability Reporting Guide are positive. Quantifiable metrics, such as 98.20 tonnes of carbon emissions and 147,372 kWh energy consumption, provide a foundation for transparency. However, the report lacks depth in GHG accounting details, such as Scope breakdowns and third-party verification ⚠️. Forward-looking commitments or specific targets (e.g., net-zero goals) are absent, and social impact data is limited. The reliance on generic statements without measurable outcomes reduces impact. To improve, Oppstar should adopt international frameworks like GRI, provide detailed emissions data, and set clear, time-bound targets. Incorporating external assurance would also enhance credibility. Overall, a solid start with room for growth.
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