ANCOM NYLEX BERHAD
Malaysia | 4758.KL | Main
Reference
Report Year: 2023
Source Files: ANB_AR2023.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- RMC reviews ESG procedures 🟢
- Board oversight 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
ANCOM NYLEX BERHAD demonstrates a structured approach to GHG accounting with detailed reporting of Scope 1 (23,055 tCO₂e) and Scope 2 (8,646 tCO₂e) emissions for FY2023, using the GHG Protocol and IPCC guidelines. The inclusion of Scope 3 emissions for air travel (149 tCO₂e) and employee commuting (2,091 tCO₂e) is a positive step towards comprehensive disclosure. However, broader Scope 3 categories remain unreported, limiting the full view of their carbon footprint. The lack of third-party verification and carbon intensity metrics are notable gaps. Improvements could include expanding Scope 3 coverage, obtaining third-party verification for credibility, and setting a clear base year for tracking reductions. Overall, their efforts lay a solid foundation but require deeper granularity and validation.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 23,055 tCO₂e 🟢 | |
| Scope2 | 8,646 tCO₂e 🟢 | |
| Scope3 | Not reported | Scope 3 partially reported (air travel and commuting) ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Operations in Malaysia and Indonesia
- Gwp basis: IPCC Guidelines for National Greenhouse Gas Inventories
- Standard: GHG Protocol
- Data collection approach: Fuel consumption, electricity use, employee commuting surveys
- Third party verification: Not mentioned
- Carbon intensity: Not reported ⚠️
Efforts
- Electricity intensity reduction target 🟢
- 583 tonnes waste recycled 🟢
- Renewable energy evaluation 🌞
- Emissions tracking system 🌱
Social Highlights
- RM238,294 community investment 🥗
- 870 employees trained 🟢
- RM150,000 sports sponsorship 🥗
- RM1M scholarship fund 🥗
- 376 employees safety trained 🟢
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable transparency in ANCOM NYLEX BERHAD’s FY2023 sustainability report 🟢, with detailed metrics on GHG emissions, waste management, and social initiatives like community investments (RM238,294) and employee training (870 trained). The use of the GRI framework and alignment with UNSDGs reflect a structured approach. Measurable outcomes such as Scope 1 and 2 emissions data and waste recycled (583 tonnes) add credibility. However, gaps exist, including the absence of third-party verification for GHG data and limited Scope 3 reporting ⚠️. Forward-looking commitments, like renewable energy projects, are promising but lack specific timelines beyond general targets (e.g., net zero 'in the near future'). The report could benefit from deeper granularity on governance disclosures, such as salary transparency. Overall, it provides a solid foundation but should incorporate verified data and clearer future commitments for enhanced impact.
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