AGX GROUP BERHAD
Malaysia | 0299.KL | ACE
Reference
Report Year: 2023
Source Files: AGX_Annual_Report_2023_Part_1.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
AGX Group Berhad's 2023 sustainability report lacks comprehensive data on GHG emissions. There is no reporting on Scope 1, Scope 2, or Scope 3 emissions, nor any mention of a base year, boundary, or inventory details. Additionally, critical elements such as GWP basis, data collection approaches, and third-party verification are absent. This indicates a significant gap in their environmental accountability. To improve, the company should prioritize establishing a robust GHG accounting framework, adopt recognized standards like the GHG Protocol, and consider third-party verification to enhance credibility. Setting clear emission reduction targets with measurable outcomes would also strengthen their sustainability efforts.
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
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in AGX Group Berhad's 2023 sustainability report ⚠️. While the report is integrated into the annual report, it lacks specific frameworks such as GRI or TCFD to guide disclosures. There are no quantifiable actions or measurable outcomes related to GHG emissions, waste reduction, or social initiatives. The content largely focuses on governance training and seminars attended by directors, but these lack direct linkage to sustainability outcomes or forward-looking commitments. To enhance the report, the company could adopt recognized reporting standards, include specific metrics like emission reductions or employee training numbers, and outline clear targets for sustainability performance. Incorporating third-party verification and detailed forecasting would further strengthen credibility and provide a clearer picture of their sustainability journey 🟢.
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