META BRIGHT GROUP BERHAD

Malaysia | 2097.KL | Main

By Sustify.world AI model | 2025-05-24
Meta Bright Group Berhad, an investment holding company, engages in the property development and investment, and hotel operations businesses primarily in Malaysia and Australia. It operates through Investment Holding, Leasing and Financing, Hospitality, Investment Properties, Property Development, Energy Related, and Building Materials and Related Services divisions. The company offers money lending; and leasing of machineries and equipment, such as short term rental and its ancillary business services. It also engages in the investment advisory and leasing; supply of ready-mixed concrete, building materials, and cement; transportation services; production, sales, and marketing of quarry products; and renewable energy and energy efficiency related technology and businesses. The company was formerly known as EastLand Equity Bhd. and changed its name to Meta Bright Group Berhad in July 2022. Meta Bright Group Berhad was incorporated in 2000 is based in Kuala Lumpur, Malaysia.

Reference

Report Year: 2023
Source Files:

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No specific framework mentioned ⚠️

GHG Accounting

META BRIGHT GROUP BERHAD's 2023 sustainability report lacks detailed GHG accounting data, with no mention of Scope 1, 2, or 3 emissions, base year, or boundaries. There is also no reference to standards like the GHG Protocol or third-party verification, which are critical for credibility. While the report highlights general efforts toward energy efficiency and reducing carbon footprint through infrastructure upgrades, these are not quantified. Significant improvements are needed, including establishing a robust GHG inventory, adopting recognized standards, and providing measurable emission data to track progress effectively.

Emissions

Scope Value Note
Scope1 Not reported ⚠️ Scope 1 emissions not mentioned.
Scope2 Not reported ⚠️ Scope 2 emissions not mentioned.
Scope3 Not reported ⚠️ Scope 3 emissions not mentioned.

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 ⚠️

Efforts

  • Chiller system upgrade 🟢
  • Energy-efficient lighting 🌞
  • Local sourcing 🌱
  • Food waste reduction 🟢

Social Highlights

  • Blood donation campaign 🥗
  • Career fair participation 🟢
  • Donations to underprivileged 🥗
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can't find ⚠️

Report Quality

Appreciable initial steps are evident in META BRIGHT GROUP BERHAD's 2023 sustainability report, with a focus on aligning with 11 UN SDGs and initiatives like energy efficiency upgrades and community engagement 🟢. However, the report lacks quantifiable actions and measurable outcomes, particularly in GHG emissions and specific impact metrics ⚠️. Statements such as 'committed to sustainability' remain generic without supporting data or evidence. Forward-looking commitments or targets (e.g., net-zero goals) are also absent. To enhance credibility, the company should incorporate specific metrics, adopt recognized reporting frameworks like GRI, and seek third-party verification. Providing detailed data on emissions and social impact would strengthen stakeholder trust and demonstrate a deeper commitment to sustainability.

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This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.

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