AURO HOLDINGS BERHAD
Malaysia | 5025.KL | Main
Reference
Report Year: 2024
Source Files: Auro_-_Annual_Report_2024.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Focused on climate risks 🟢
Reporting
IFRS, TCFD, Integrated Report 🟢
GHG Accounting
AURO HOLDINGS BERHAD demonstrates a commitment to GHG accounting by reporting Scope 2 (220.64 tCO₂e) and Scope 3 (14.22 tCO₂e) emissions for FY2024, showing a reduction attributed to a strategic shift from timber to F&B operations. However, Scope 1 data is missing, limiting a full assessment of their carbon footprint. The lack of a specified base year, GWP basis, and standard like GHG Protocol or ISO 14064 indicates room for improvement in methodology transparency. While limited assurance is under review by ASAP Advisory PLT, formal third-party verification would enhance credibility. AURO should prioritize reporting Scope 1 emissions and adopting a recognized standard for consistency and comparability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 data unavailable for 2024. |
| Scope2 | 220.64 tCO₂e 🟢 | |
| Scope3 | 14.22 tCO₂e 🟢 | Includes business travel, employee commute, fuel & diesel for forklifts and machinery. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Operations in Malaysia
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Internal tracking of energy consumption and emissions
- Third party verification: Under review by management 🟢
- Carbon intensity: Not reported ⚠️
Efforts
- Emission reduction via business shift 🟢
- Shift to F&B operations 🌞
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initial steps are evident in AURO HOLDINGS BERHAD’s 2024 Sustainability Statement with quantifiable data on Scope 2 and Scope 3 emissions and a notable reduction in energy consumption 🟢. The integration of IFRS and TCFD frameworks adds credibility to their reporting structure. However, the report lacks depth in key areas such as Scope 1 emissions and detailed forward-looking commitments ⚠️. Generic statements about sustainability goals without specific targets or timelines dilute the impact of their disclosures. To improve, AURO should focus on comprehensive GHG reporting across all scopes, establish clear net-zero or reduction targets, and ensure full third-party verification of data. This would elevate the report from a foundational effort to a robust tool for stakeholder trust and accountability.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.