ASIAN PAC HOLDINGS BERHAD
Malaysia | 4057.KL | Main
Reference
Report Year: 2023
Source Files: APHB_-_Annual_Report_2023.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
ASIAN PAC HOLDINGS BERHAD provides basic GHG accounting for FY2023, covering Scope 1 (2.5 tCO₂e) and Scope 2 (8,637.7 tCO₂e) emissions, primarily from energy use at Imago Mall and car park operations. However, key details such as base year, GWP basis, and reporting standard are missing, limiting comparability. Scope 3 emissions are not reported, which is a significant gap for a comprehensive carbon footprint. The lack of third-party verification further reduces credibility. The company acknowledges plans to enhance carbon reporting, which is a positive step. Improvements are needed in disclosing Scope 3 data, adopting a recognized standard like GHG Protocol, and seeking external assurance to strengthen trust in reported figures.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 2.5 tCO₂e 🟢 | |
| Scope2 | 8,637.7 tCO₂e 🟢 | Estimated using 2016 emission factor for Sabah and Labuan |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not included in the report |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Group operations including Imago Mall and car park sites
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Estimated using available emission factors
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- LED lighting conversion 🟢
- Recycled 26.97 tonnes 🟢
- Building Automation System 🌞
- Low-VOC paint adoption 🌱
Social Highlights
- 51 employees trained 🟢
- 4,046.5 training hours 🟢
- RM33,000 community investment 🥗
- 2,000 jobs created 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable initial efforts by ASIAN PAC HOLDINGS BERHAD in their FY2023 sustainability reporting 🟢. The integrated report includes quantifiable metrics such as Scope 1 and 2 emissions (2.5 and 8,637.7 tCO₂e respectively), energy consumption (17,073,395 kWh), and waste recycling (26.97 tonnes), which provide a foundation for transparency. Social initiatives like training hours (4,046.5) and community investments (RM33,000) are also highlighted with measurable outcomes. However, the report lacks depth in key areas ⚠️, such as the absence of a dedicated sustainability committee, third-party verification for GHG data, and Scope 3 emissions. Forward-looking commitments or specific targets (e.g., net-zero goals) are missing, and some content remains generic, like broad statements on 'sustainable design' without evidence of impact. The company could benefit from adopting frameworks like GRI or TCFD, establishing a sustainability committee, and setting clear, time-bound targets to enhance credibility and accountability.
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