MAA GROUP BERHAD
Malaysia | 1198.KL | Main
Reference
Report Year: 2023
Source Files: MAAG_-_Annual_Report_2023.pdf
Sustainability Committee
Sustainability Working Committee (Members Unknown) 🟢
- Reports to RSC 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
MAA Group Berhad's GHG accounting in the 2023 report is notably underdeveloped. No data is provided for Scope 1, 2, or 3 emissions, and critical details such as base year, boundary, GWP basis, and standards are absent. There is also no mention of third-party verification or carbon intensity metrics, which limits transparency. Strengths are non-existent in this area due to the lack of quantifiable data. Improvements are urgently needed, including the establishment of a comprehensive GHG inventory, adoption of recognized standards like GHG Protocol, and engagement of third-party verification to enhance credibility. Reporting on carbon intensity and setting clear reduction targets would further 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 specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No efforts reported ⚠️
- No efforts reported ⚠️
- No adoption reported ⚠️
- No changes reported ⚠️
Social Highlights
- Training hours tracked 🟢
- Performance reviews tracked 🟢
- Skill upgrade programs 🟢
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Room for Improvement in MAA Group Berhad's 2023 sustainability report. The report demonstrates a foundational commitment to sustainability with the establishment of a Sustainability Working Committee and adherence to the GRI framework 🟢. However, it falls short in providing quantifiable actions and measurable outcomes, particularly in GHG emissions and environmental impact areas ⚠️. Generic statements about integrating sustainability into business operations lack supporting evidence or specific metrics. Forward-looking commitments or targets, such as net-zero goals, are also absent. To enhance credibility, the company should focus on detailed reporting of emissions data, incorporate third-party verification, and set clear, measurable sustainability targets. Including more specific social and governance metrics would further strengthen the report. Overall, while the intent is evident, the execution needs significant enhancement for stakeholder trust and transparency.
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