GLOMAC BERHAD
Malaysia | 5020.KL | Main
Reference
Report Year: 2022
Source Files: Glomac_-_Annual_Report_2022.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Committee scope expanded 🟢
- Monthly site audits 🟢
Reporting
TCFD, GHG Protocol, Integrated Report 🟢
GHG Accounting
GLOMAC BERHAD demonstrates a commitment to GHG accounting by reporting Scope 1 (diesel for gensets) and Scope 2 (electricity) emissions for FY2022, using the GHG Protocol as the standard. However, exact emission figures are not disclosed, limiting transparency. Scope 3 emissions are deemed insignificant due to COVID-19 travel restrictions, but no plans for future inclusion are detailed. No third-party verification is mentioned, which could undermine data credibility. Strengths include a focus on operational control boundaries and internal tracking of energy data. Improvements are needed in disclosing absolute emission values, establishing a base year for comparison, and pursuing third-party verification to enhance reliability. Additionally, reporting carbon intensity metrics would provide deeper insights into efficiency efforts.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Reported (Diesel - Genset) 🟢 | Exact figures not specified in report. |
| Scope2 | Reported (Electricity) 🟢 | Exact figures not specified, only past 3 years' trend provided. |
| Scope3 | Not fully reported ⚠️ | Air travel and employee commuting insignificant due to COVID-19 restrictions. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Operational control 🟢
- Gwp basis: Not specified ⚠️
- Standard: GHG Protocol 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Emission reduction via analytics 🟢
- Recycling initiatives 🟢
- Solar panels & LED lighting 🌞
- IBS construction 🌱
Social Highlights
- Employee training & well-being 🥗
- Enhanced health benefits 🟢
- Community green spaces 🥗
- Affordable housing support 🟢
- Local job creation 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable foundation in sustainability reporting by GLOMAC BERHAD with an integrated report for FY2022 🟢. The report highlights quantifiable actions such as energy and water consumption tracking over three years and partnerships for recycling initiatives. The adoption of green technologies like solar panels and Industrialised Building Systems reflects measurable efforts. However, key gaps exist ⚠️, including the absence of absolute GHG emission figures and lack of third-party verification, which limits data credibility. Forward-looking commitments are vague, with no specific targets like net-zero goals mentioned. Generic statements about 'promoting sustainability' lack supporting evidence. To improve, GLOMAC should provide detailed emission data, pursue independent verification, and outline clear, time-bound sustainability targets. This would elevate the report from a solid base to a robust, actionable document.
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