TECHNA-X BERHAD
Malaysia | 2739.KL | Main
Reference
Report Year: 2024
Source Files: Techna-X_-_Annual_Report_2024_Part_1.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
TECHNA-X BERHAD's sustainability report for 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. Key elements such as GWP basis, standards like GHG Protocol, data collection approaches, or third-party verification are absent. While the company highlights initiatives in energy storage and IoT solutions that could reduce carbon emissions, these are not quantified. A significant improvement would be to establish a comprehensive GHG inventory with absolute emission figures, adopt recognized standards, and seek third-party verification to enhance credibility and transparency in their sustainability efforts.
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 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
- Potential 50% emission reduction 🌱
- EV drive system innovation 🌞
- IoT/AI for sustainability 🌱
Social Highlights
- Equal opportunity employment 🥗
- Fair remuneration practices 🥗
- Inclusive hiring practices 🥗
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable focus on innovation is evident in TECHNA-X BERHAD’s 2024 sustainability report, with initiatives like energy storage technology and EV drive systems showcasing potential environmental impact 🟢. However, the report falls short in providing quantifiable metrics for emissions or waste reduction, relying instead on qualitative descriptions. Measurable outcomes, such as absolute GHG data or verified results, are absent ⚠️. Additionally, there are no forward-looking commitments like net-zero targets or specific timelines for sustainability goals. While the integrated report addresses ESG priorities, it could benefit from adopting recognized frameworks like GRI or TCFD for structure and credibility. To improve, TECHNA-X should incorporate third-party verification, provide detailed metrics, and outline clear, time-bound targets to strengthen the report’s impact and transparency.
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