UEM EDGENTA BERHAD
Malaysia | 1368.KL | Main
Reference
Report Year: 2023
Source Files: AR2023_-_Page_98_to_page_197.md, AR2023_-_Page_198_to_back_cover.md, AR2023_-_Front_cover_to_page_39.md, AR2023_-_Page_40_to_page_97.md
Sustainability Committee
ESG Steering Committee (Members Unknown) 🟢
- Led by CEO 🟢
- ESG Department Formed 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
UEM Edgenta has made commendable progress in GHG accounting by establishing Scope 1 (10,031.63 tCO₂e) and Scope 2 (6,835.08 tCO₂e) inventories for 2023, with a baseline set in 2022. Scope 3 emissions (2,877.29 tCO₂e) are partially reported for categories like business travel and commuting. The company targets a 26% reduction by 2030 and Net Zero by 2050, aligning with global pathways. However, the report lacks detail on GWP basis, emission standards, and third-party verification, which are critical for credibility. Improvements could include third-party assurance, detailed Scope 3 inventory expansion, and clarity on calculation methodologies to strengthen transparency and accountability in their decarbonization journey.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 10,031.63 tCO₂e 🟢 | |
| Scope2 | 6,835.08 tCO₂e 🟢 | |
| Scope3 | 2,877.29 tCO₂e 🟢 | |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2022
- Boundary inventory: Malaysia Operations for Scope 1 & 2; Selected categories for Scope 3
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Automated carbon accounting process initiated
- Third party verification: No
- Carbon intensity: Not reported ⚠️
Efforts
- 4.04% reduction 🟢
- 604.93 tonnes diverted 🟢
- Green Energy Tariffs 🌞
- Opus Sustainability 🌱
Social Highlights
- 1,000+ participants trained 🟢
- MYR 308,666.35 invested 🥗
- 8,805 beneficiaries 🥗
- 1,738 employees trained 🟢
- ESG Awareness Month 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable Foundation in sustainability reporting by UEM Edgenta for 2023 🟢. The integrated report provides quantifiable metrics such as Scope 1 and 2 emission reductions (4.04% from baseline) and waste diversion (604.93 tonnes), demonstrating measurable outcomes. Forward-looking commitments like Net Zero by 2050 and a 26% reduction by 2030 show strategic vision. However, the report has gaps ⚠️, including the absence of third-party verification for GHG data and limited detail on Scope 3 emissions. Generic statements about 'sustainability commitment' lack supporting evidence in some areas. To enhance credibility, UEM Edgenta could incorporate third-party assurance, expand Scope 3 reporting, and provide more granular data on methodologies. Overall, the report offers a solid base but would benefit from deeper transparency and specificity to align with best practices.
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