MERIDIAN BERHAD
Malaysia | 5040.KL | Main
Reference
Report Year: 2023
Source Files: Meridian-Annual_Report_2023.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
MERIDIAN BERHAD's 2023 sustainability report lacks any detailed information on GHG accounting. There is no reporting on Scope 1, 2, or 3 emissions, nor any mention of a base year, boundary, or inventory details. Additionally, critical elements such as GWP basis, standards like GHG Protocol, data collection approaches, and third-party verification are absent. The report does not address carbon intensity or provide measurable environmental impact data. A significant improvement is needed to include comprehensive GHG inventories, adopt recognized frameworks, and ensure transparency through verification. Without such data, the environmental impact of the company’s operations remains unclear, limiting stakeholders’ ability to assess its sustainability performance.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Social Highlights
- Blood donation drive 🥗
- Employee training programs 🟢
- Occupational safety initiatives 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in MERIDIAN BERHAD’s 2023 sustainability report. While the report acknowledges the importance of ESG factors and outlines a commitment to sustainability, it lacks quantifiable actions and measurable outcomes ⚠️. Statements such as 'committed to sustainability' are generic and unsupported by specific metrics or data, particularly in environmental areas like GHG emissions. Social initiatives, such as the blood donation drive and employee training, are mentioned but lack detailed impact numbers. Governance disclosures are also minimal, with no clarity on salary transparency or litigation. The absence of forward-looking commitments or targets further limits the report’s depth. To enhance credibility, the company should adopt recognized frameworks like GRI, provide specific metrics (e.g., emission reductions), and incorporate third-party verification 🟢. This would offer stakeholders a clearer view of sustainability performance.
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