EPICON BERHAD
Malaysia | 4847.KL | Main
Reference
Report Year: 2023
Source Files: Epicon_-_AR_2023.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
GRI, UNSDGs, Bursa Malaysia Guide (Integrated Report) 🟢
GHG Accounting
Epicon Berhad's GHG accounting in FYE 2023 is at an early stage, with no reported data for Scope 1, 2, or 3 emissions. The report lacks critical details such as base year, boundary, GWP basis, and adherence to standards like GHG Protocol. While the company acknowledges the need for emissions control in construction and transportation, quantifiable metrics are absent, limiting transparency. Efforts to refine data collection are noted, but third-party verification is not yet implemented, though planned for the future. A key improvement area is to establish a robust GHG inventory with absolute emission figures and set measurable reduction targets. Enhanced data accuracy and external assurance would strengthen credibility and stakeholder trust in Epicon’s environmental commitments.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Data unavailable for FYE 2023. |
| Scope2 | Not reported ⚠️ | Data unavailable for FYE 2023. |
| Scope3 | Not reported ⚠️ | Data unavailable for FYE 2023. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Under development ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Target 30% IBS utilisation 🟢
- CNG buses adopted 🚚
- Recyclable IBS panels 🟢
- Aluminium formwork 🌱
- Fibreglass bars 🌱
Social Highlights
- 53 employees 🟢
- 100% anti-corruption training 🟢
- 100% local suppliers 🥗
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable intent is evident in Epicon Berhad’s 2023 sustainability report, with a clear commitment to ESG integration and alignment with GRI and UNSDGs frameworks 🟢. The report outlines forward-looking plans, such as setting KPIs by FYE 2024 and forming a Sustainability Committee, which shows strategic direction. However, quantifiable actions and measurable outcomes are limited ⚠️, particularly in GHG emissions and environmental data, where no absolute figures or verified metrics are provided. Generic statements like 'reducing carbon footprint' lack supporting evidence or specific targets, reducing transparency. Social and governance sections offer some metrics (e.g., workforce data, anti-corruption training), but depth is missing. To improve, Epicon should prioritize third-party verification for non-financial data, include detailed emission inventories, and set time-bound, measurable goals. This would elevate the report from a foundational narrative to a robust accountability tool.
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