TELEKOM MALAYSIA BERHAD
Malaysia | 4863.KL | Main
Reference
Report Year: 2023
Source Files: TM_IAR2023__Corp_Book_1.md, TM_IAR2023_Corp_Book_3.md, TM_IAR2023__Corp_Book_2.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Oversees targets 🟢
- Appoints SWGs 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
TELEKOM MALAYSIA BERHAD has made notable strides in GHG accounting, achieving a 22% reduction in carbon emissions against a 2019 baseline by focusing on energy efficiency in network and data center operations. The company reports on Scope 1, 2, and 3 emissions, though specific 2023 figures are not detailed in the report. TCFD alignment enhances transparency on climate risks, ahead of regulatory mandates. However, gaps remain in detailing GWP basis and emission standards used, which limits comparability. Third-party assurance by SIRIM adds credibility to select data, but full verification is lacking. Improvements could include comprehensive Scope 3 reporting and explicit disclosure of carbon intensity metrics to strengthen accountability and stakeholder trust.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not specified ⚠️ | Specific Scope 1 data for 2023 not detailed in report. |
| Scope2 | Not specified ⚠️ | Specific Scope 2 data for 2023 not detailed in report. |
| Scope3 | Not specified ⚠️ | Specific Scope 3 data for 2023 not detailed in report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2019
- Boundary inventory: Operational control for Scope 1 and 2, partial Scope 3 estimation
- Gwp basis: Not specified
- Standard: Not specified
- Third party verification: Partial (SIRIM assurance for select data)
- Carbon intensity: Not reported ⚠️
Efforts
- 22% reduction 🟢
- Renewable energy adoption 🌞
- Network modernization 🌱
Social Highlights
- 73% premises connected 🟢
- PEDi centers expanded 🥗
- Affordable plans offered 🥗
- Digital skills education 🥗
- STEM scholarships awarded 🥗
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable progress in sustainability reporting is evident in TELEKOM MALAYSIA BERHAD's 2023 Integrated Annual Report 🟢. The adoption of GRI and TCFD frameworks demonstrates a strong commitment to transparency, particularly with the early release of a TCFD report ahead of Bursa Malaysia’s 2025 requirement. Quantifiable achievements, such as a 22% carbon emission reduction from the 2019 baseline and reaching 73% of premises with high-speed Internet, highlight measurable outcomes. Forward-looking commitments, like the Sustainability Roadmap for 2024-2026 and net-zero alignment by 2050, are promising. However, the report lacks specific GHG data for 2023 across Scopes 1, 2, and 3, and carbon intensity metrics are absent ⚠️. Generic statements on environmental management could be supported by more granular data. To enhance credibility, TM should prioritize full third-party verification and detailed emission breakdowns. Overall, the report provides a solid foundation but could benefit from deeper specificity and evidence-based outcomes.
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