CLOUDPOINT TECHNOLOGY BERHAD
Malaysia | 0277.KL | ACE
Reference
Report Year: 2023
Source Files: CTB_-_Annual_Report_2023_(Part_2).pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
Cloudpoint Technology Berhad's 2023 sustainability report lacks any data on GHG emissions accounting. There is no mention of Scope 1, 2, or 3 emissions, base year, or inventory boundaries. Additionally, critical elements such as third-party verification, data collection approaches, and emission standards are absent. This represents a significant gap in environmental reporting. To improve, the company should prioritize establishing a GHG inventory, adopt recognized frameworks like the GHG Protocol, and set clear reduction targets with timelines. Incorporating third-party verification would also enhance credibility. Addressing these gaps will align Cloudpoint with industry best practices and demonstrate a stronger commitment to environmental sustainability.
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 ⚠️
Social Highlights
- RM99,000 on training for 16 employees 🟢
- 2 interns trained 🟢
- 78% male, 22% female hires 🟢
- 56% hires under 30 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in Cloudpoint Technology Berhad’s 2023 sustainability report. While the report highlights commendable efforts in employee training and internship programs with quantifiable metrics like RM99,000 invested in training for 16 employees 🟢, it falls short in several critical areas. There is a complete absence of data on GHG emissions and environmental impact, with no mention of frameworks like GRI or TCFD ⚠️. Additionally, forward-looking commitments or specific sustainability targets are missing. The report contains generic statements about health, safety, and employee well-being without measurable outcomes. To enhance credibility, Cloudpoint should incorporate quantifiable environmental metrics, adopt recognized reporting frameworks, and outline clear future goals. Including third-party verification and addressing governance disclosures would further strengthen the report’s quality.
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