TIME DOTCOM BERHAD
Malaysia | 5031.KL | Main
Reference
Report Year: 2023
Source Files: Time_AR_2023_Part_2.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Safety Committee Active 🟢
Reporting
Bursa Malaysia Framework, Integrated Report 🟢
GHG Accounting
TIME DOTCOM BERHAD's GHG accounting in 2023 lacks detailed reporting on Scope 1, 2, and 3 emissions, despite disclosing energy consumption of 10,847.88 MW. While the company has taken steps towards renewable energy with solar panel installations, there is no mention of base year, boundary, GWP basis, or standards like GHG Protocol. Third-party verification is absent, reducing credibility of environmental data. A key strength is the initiative to reduce reliance on non-renewable energy, but the absence of comprehensive emissions data limits transparency. Improvements needed include detailed GHG inventory reporting, adopting international standards, and seeking external assurance to validate data.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not provided. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not provided, though energy consumption reported as 10,847.88 MW. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not 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
- Data collection approach: Not specified
- Third party verification: Not verified
- Carbon intensity: Not reported ⚠️
Efforts
- Energy cost reduced by 10.6% 🟢
- 173 batteries recycled 🟢
- 45,796.79 kWh solar energy 🌞
- Solar panels for 200 homes 🌱
Social Highlights
- 100% anti-corruption training 🟢
- RM195,049 for 2,962 beneficiaries 🥗
- 974 volunteer hours 🥗
- 152 trained on safety 🟢
- 80.91% satisfaction 🟢
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable efforts by TIME DOTCOM BERHAD in their 2023 integrated sustainability report 🟢. The report provides detailed social and community impact data, such as 100% anti-corruption training and RM195,049 community investment benefiting 2,962 individuals. Environmental initiatives like solar panel installations are promising, with quantifiable outcomes like 45,796.79 kWh clean energy. However, the absence of GHG emissions data for Scopes 1, 2, and 3 is a significant gap ⚠️, limiting transparency on climate impact. Forward-looking commitments, such as expanding solar projects in 2024, are noted but lack specific targets like net-zero timelines. Generic statements on sustainability commitment need backing with measurable outcomes. The report could benefit from adopting international frameworks (e.g., GRI, TCFD), detailed GHG accounting, and third-party verification to enhance credibility and accountability.
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