EDELTEQ HOLDINGS BERHAD
Malaysia | 0278.KL | ACE
Reference
Report Year: 2023
Source Files: EHB-Annual_Report_2023(Bursa).pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No Frameworks Specified ⚠️
GHG Accounting
EDELTEQ HOLDINGS BERHAD's 2023 sustainability report lacks any specific data on GHG accounting. There is no mention of Scope 1, 2, or 3 emissions, base year, boundary, or inventory details. Additionally, no information is provided on GWP basis, standards used, data collection approaches, or third-party verification. As a newly listed company, the focus appears to be on planning a sustainability strategy for future reports. Significant improvements are needed, including the establishment of a GHG inventory, adoption of recognized standards like the GHG Protocol, and setting measurable targets with timelines. Incorporating third-party verification would also enhance credibility. The 2024 report should prioritize these elements to provide a clearer picture of the company's environmental impact.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data provided in the report. |
| Scope2 | Not reported ⚠️ | No data provided in the report. |
| Scope3 | Not reported ⚠️ | No data provided in the report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not specified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Early Stage Reporting is evident in EDELTEQ HOLDINGS BERHAD's 2023 sustainability report 🟢. As a newly listed company, the report acknowledges the intent to develop a sustainability strategy and conduct a materiality assessment, which is a positive starting point. However, the content lacks quantifiable actions or measurable outcomes ⚠️. There are no specific metrics, verified data, or forward-looking commitments beyond a general promise to present goals in the 2024 report. The reliance on generic statements without evidence limits the report's depth. To improve, the company should focus on establishing clear, measurable targets, adopting recognized reporting frameworks like GRI or TCFD, and providing detailed data on environmental and social impacts. Incorporating third-party verification and specific timelines for goals would also enhance credibility and transparency in future reports.
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