PPB GROUP BERHAD
Malaysia | 4065.KL | Main
Reference
Report Year: 2023
Source Files:
Sustainability Committee
Sustainability Steering Committee (Members Unknown) 🟢
- Bi-annual meetings 🟢
Reporting
GRI, TCFD, Separate Report 🟢
GHG Accounting
PPB Group Berhad demonstrates a commitment to GHG accounting by reporting Scope 1 and Scope 2 emissions for key business segments and partially reporting Scope 3 emissions related to employee travel. The use of the Enablon platform for data collection is a positive step towards structured reporting. However, the lack of absolute emission figures, base year specification, and third-party verification limits transparency. Additionally, the absence of details on GWP basis and specific standards used for GHG accounting indicates room for improvement. The company should prioritize absolute data disclosure, establish a clear baseline, and seek external verification to enhance credibility and align with global best practices like the GHG Protocol.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Reported 🟢 | Specific data not provided in absolute terms ⚠️ |
| Scope2 | Reported 🟢 | Specific data not provided in absolute terms ⚠️ |
| Scope3 | Partially Reported → | Limited to land and air travel by employees ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Key segments covered 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not specified ⚠️
Efforts
- TCFD alignment for Net Zero 🟢
- 3.7 MWp solar projects 🌞
- 4.4 MWp solar systems 🌞
- Waste minimization focus 🟢
Social Highlights
- 16,000+ people benefitted 🥗
- RM2.4M for communities 🥗
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable foundation in PPB Group Berhad’s 2023 Sustainability Report with structured governance through the Sustainability Steering Committee and alignment with GRI and TCFD frameworks 🟢. The report highlights quantifiable actions such as RM2.4 million investment in CSR and 3.7 MWp solar projects, showcasing measurable environmental and social outcomes. Forward-looking commitments like aspiring to Net Zero by 2050 and adopting a 5-year Strategic Plan are promising 🟢. However, the report falls short on absolute GHG emission data and lacks third-party verification, reducing credibility ⚠️. Generic statements on sustainability commitment without detailed metrics or timelines are noted. To improve, PPB should disclose absolute emission figures, seek external assurance, and provide clearer timelines for targets. Overall, a solid base that can be elevated with enhanced transparency and specificity.
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