MESINIAGA BERHAD
Malaysia | 5011.KL | Main
Reference
Report Year: 2023
Source Files: Mesiniaga_AR2023_1.pdf
Sustainability Committee
ESG Committee Formed 🟢
- Operationalises agenda 🟢
- Aligns with strategy 🟢
Reporting
Bursa Sustainability Reporting Guide, Integrated Report 🟢
GHG Accounting
Mesiniaga Berhad's 2023 sustainability report lacks detailed GHG accounting data, with no specific figures for Scope 1, 2, or 3 emissions, base year, or boundary definitions. While the report mentions a focus on carbon emissions as a material issue, there is no evidence of quantifiable tracking or reduction targets. The absence of third-party verification and adherence to international standards like GHG Protocol further limits credibility. A key strength is the commitment to energy efficiency through building design at Menara Mesiniaga, but this is not translated into measurable emission outcomes. Improvements are needed in establishing a structured GHG inventory, adopting global standards, and incorporating external assurance to enhance transparency and accountability in environmental reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No specific data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No specific data on Scope 3 emissions provided. |
| 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 ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy-efficient design 🟢
- Recycling campaign 🟢
- Non e-waste tracking 🟢
- Solar shading & lighting 🌞
- Go paperless 🌱
Social Highlights
- 3763 training hours 🟢
- 28% women in management 🟢
- 21 therapy sessions 🥗
- Health screening event 🥗
- Blood donation drive 🥗
Governance
- Salary disclosure: Partially Disclosed →
- Litigation: Can’t find ⚠️
Report Quality
Commendable Initiatives are evident in Mesiniaga Berhad's 2023 sustainability report, particularly in social and environmental efforts like employee training (3763 hours) and energy-efficient building design 🟢. The integrated report aligns with the Bursa Sustainability Reporting Guide, providing a structured overview of ESG priorities. However, the lack of quantifiable GHG data and emission reduction targets is a significant gap ⚠️. Statements on carbon emissions remain generic without measurable outcomes or third-party verification. Forward-looking commitments, such as net-zero goals, are absent. While social initiatives show impact through specific metrics, governance transparency could improve with full salary disclosures for senior management. Mesiniaga should focus on GHG inventory development, adopt international frameworks like GRI or TCFD, and incorporate external assurance to strengthen credibility. This would elevate the report from a foundational effort to a robust sustainability narrative.
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