UNITED MALACCA BERHAD
Malaysia | 2593.KL | Main
Reference
Report Year: 2024
Source Files:
Sustainability Committee
Sustainability Governance by Board & Management 🟢
- Regular discussions 🟢
- Quarterly OSHC meetings 🟢
Reporting
Integrated Report →
GHG Accounting
United Malacca Berhad's sustainability report for FY 2024 lacks detailed GHG accounting data. There is no reporting on Scope 1, 2, or 3 emissions, nor any mention of a base year, boundary, or inventory for emissions tracking. The report briefly notes an intent to 'progressively explore and update information on greenhouse gas emissions,' but no concrete data or methodologies are provided. Key gaps include the absence of standards like GHG Protocol, GWP basis, and third-party verification. To improve, the company should establish a robust GHG inventory, adopt international standards, and consider external validation of data. This would enhance transparency and align with global sustainability expectations.
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 for energy production. |
Other Details
Efforts
- Exploring solar energy 🌞
- Burning prohibited 🟢
- Water & energy optimization 🌱
Social Highlights
- 1,479 employees trained 🟢
- Improved estate amenities 🥗
- Supported education for workers’ children 🥗
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable focus on social initiatives by United Malacca Berhad in their FY 2024 integrated report, particularly in training 1,479 employees on occupational safety and health 🟢. The report outlines sustainability governance led by the Board and management, which is a positive step. However, it falls short on quantifiable environmental metrics, especially in GHG accounting, with no data on emissions across Scopes 1, 2, or 3 ⚠️. Statements like 'progressively explore GHG emissions' remain vague without measurable outcomes or timelines. There’s also a lack of forward-looking commitments, such as net-zero targets. To improve, the company should incorporate specific frameworks like GRI or TCFD, provide detailed emissions data, and set clear sustainability goals. This would transform a foundational report into a robust tool for stakeholder accountability.
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