MAA GROUP BERHAD
Malaysia | 1198.KL | Main
Reference
Report Year: 2024
Source Files: Annual_Report_2024.pdf
Sustainability Committee
Risk & Sustainability Committee (Members Unknown) 🟢
- Reviews sustainability strategy 🟢
- Communicates concerns to the Board 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
MAA Group Berhad's GHG accounting efforts are currently underdeveloped. The 2024 sustainability report lacks data on Scope 1, 2, and 3 emissions, with no mention of base year, boundary, inventory, or GWP basis. There is also no indication of adherence to standards like GHG Protocol or ISO 14064, and third-party verification is absent. While energy consumption is reported, it is not linked to emissions data. A key improvement area is to establish a comprehensive GHG inventory with clear methodologies and external assurance to enhance credibility. Additionally, disclosing carbon intensity metrics would provide deeper insights into environmental impact relative to business operations.
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 ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No specific reduction reported ⚠️
- No data reported ⚠️
- Energy-saving hotel systems 🌞
- Energy-efficient lighting 🌱
Social Highlights
- 49 employees trained on safety 🟢
- Anti-corruption training for staff 🟢
- 8 community events hosted 🥗
- 2 hours training per employee 🟢
- Zero fatalities or incidents 🟢
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initial steps are evident in MAA Group Berhad's 2024 sustainability report, with a clear commitment to integrating sustainability into business operations 🟢. The report benefits from adherence to the GRI framework and includes quantifiable data on energy consumption, training hours, and community engagement. However, there are significant gaps in GHG emissions reporting and a lack of third-party verification, which limits credibility ⚠️. Forward-looking commitments, such as net-zero targets, are absent, and some sections rely on generic statements like 'commitment to sustainability' without measurable outcomes. To improve, the company should prioritize comprehensive GHG accounting, seek external assurance for data reliability, and outline specific, time-bound sustainability goals. Overall, the report provides a foundation but requires deeper detail and evidence-based outcomes to fully demonstrate impact.
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