BURSA MALAYSIA BERHAD
Malaysia | 1818.KL | Main
Reference
Report Year: 2024
Source Files: Sustainability_Report_2024-Bursa_Malaysia_Berhad-Part_1.md, Sustainability_Report_2024-Bursa_Malaysia_Berhad-Part_2.md, Integrated_Annual_Report_2024-Bursa_Malaysia_Berhad.md
Sustainability Committee
Sustainability and Development Committee (7 pax) 🟢
- 4+ meetings 🟢
- Strategy oversight 🟢
Reporting
GRI, TCFD, IFRS S1, IFRS S2, Separate Report 🟢
GHG Accounting
Bursa Malaysia demonstrates a strong commitment to GHG accounting with comprehensive reporting of Scope 1 (1,347.59 tCO₂e), Scope 2 (5,664.02 tCO₂e), and Scope 3 (909.00 tCO₂e) emissions for 2024, using the GHG Protocol. The data is third-party verified by Bureau Veritas, enhancing credibility. A reduction of 11.82% from the 2022 baseline is notable, aligning with targets to cut emissions by 50% by 2030. However, gaps remain, such as the absence of carbon intensity metrics and unspecified GWP basis, which could improve transparency. The company should focus on detailed Scope 3 category breakdowns and consider integrating carbon intensity to benchmark efficiency.
Emissions
| Scope | Value | Note |
|---|
Other Details
- Boundary inventory: Operational boundary 🟢
- Gwp basis: Not specified ⚠️
- Standard: GHG Protocol 🟢
- Carbon intensity: Not reported ⚠️
Efforts
- 11.82% reduction 🟢
- Waste reduced by 32.31 MT 🟢
- Solar panels adopted 🌞
- RECs for Scope 2 🌱
Social Highlights
- 1,700 attendees at Climate Week 🟢
- 120+ trained on ESG tools 🟢
- 12,706 beneficiaries 🥗
- 12,539.59 training hours 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable effort by Bursa Malaysia in their 2024 Sustainability Report 🟢. The report provides a robust foundation with detailed GHG emissions data, third-party verification, and alignment with multiple frameworks like GRI, TCFD, IFRS S1, and S2. Quantifiable actions, such as an 11.82% emission reduction from the 2022 baseline and waste reduction metrics, are well-documented. Forward-looking commitments, like achieving net-zero by 2050 and interim targets for 2030, add to the report's credibility. However, gaps exist in areas like carbon intensity reporting and detailed Scope 3 breakdowns ⚠️. Some content, such as generic statements on sustainability commitment, lacks specific measurable outcomes. To enhance future reports, Bursa Malaysia could incorporate more granular data on Scope 3 categories, provide carbon intensity metrics, and deepen social impact measurements. Overall, the report is a solid step forward but can benefit from addressing these areas for greater transparency.
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