EVERGREEN MAX CASH CAPITAL BERHAD
Malaysia | 0286.KL | ACE
Reference
Report Year: 2023
Source Files: EMCC_AR2023_(Bursa).pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Sustainability Reporting Guide, Integrated Report 🟢
GHG Accounting
EVERGREEN MAX CASH CAPITAL BERHAD's GHG accounting efforts are currently underdeveloped. The 2023 report lacks specific data on Scope 1, 2, and 3 emissions, with no mention of a base year, boundary, inventory, or adherence to recognized standards like the GHG Protocol. There is also no indication of third-party verification, which undermines the credibility of any future data. While the company expresses intent to explore solutions for tracking emissions, actionable metrics and timelines are absent. A key improvement area is to establish a structured GHG inventory with clear methodologies and external validation. Additionally, reporting on carbon intensity could provide insights into operational efficiency. Overall, the current disclosure is insufficient for assessing the company's environmental impact.
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 specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy-efficient upgrades 🟢
- Low-carbon transport initiative 🟢
- Recycling systems implemented 🟢
Social Highlights
- 99% customer satisfaction (2,071 reviews) 🟢
- 118 employees, 79% female 🟢
- Staff appreciation trip 🥗
- RM100,000 for charity 🥗
- Internship programs 🥗
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable Initial Effort by EVERGREEN MAX CASH CAPITAL BERHAD in producing their inaugural sustainability statement for 2023 🟢. The report provides a foundation with clear intent to integrate sustainability into operations, particularly in social impact areas like customer satisfaction (99% 5-star ratings) and community engagement (RM100,000 charity budget). However, the report lacks quantifiable environmental metrics, especially on GHG emissions, with no data on Scope 1, 2, or 3, and limited forward-looking commitments beyond vague exploration of tracking solutions ⚠️. Governance disclosures are also minimal, missing details on executive remuneration or litigation. While stakeholder engagement and materiality assessments are noted, measurable outcomes and third-party verification are absent. The company could strengthen its reporting by providing specific targets (e.g., emission reduction by 2030), detailed metrics, and external assurance to enhance credibility. Overall, a promising start that needs deeper substance.
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