TRC SYNERGY BERHAD
Malaysia | 5054.KL | Main
Reference
Report Year: 2023
Source Files: TRC_AR_2023.md
Sustainability Committee
Sustainability Committee (4 pax) 🟢
- Assists Board 🟢
- Disclosure reviews 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
TRC Synergy Berhad has initiated GHG accounting in FY2023, focusing on Scope 1 (stationary combustion) and Scope 2 emissions across its Head Office and project sites, totaling 634.75 tCO₂e and 887.36 tCO₂e respectively. The use of solar energy at Head Office resulted in a commendable 66.2 tCO₂e avoidance. However, Scope 3 emissions are not yet reported, though planned for FY2024. Data lacks third-party verification, which could enhance credibility. Carbon intensity metrics are provided, but without external assurance, reliability remains a concern. The company should prioritize verifying emissions data and expanding Scope 3 reporting to include indirect impacts for a comprehensive GHG inventory.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 634.75 tCO₂e 🟢 | Stationary combustion only |
| Scope2 | 887.36 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Planned for FY2024 onwards (business travel, employee commuting) |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2023 (first year of reporting)
- Boundary inventory: Head Office and project sites (TD2, 8MD3, PHQ, MRSM-R, P163, MINT)
- Gwp basis: IPCC 2006 Guidelines (Scope 1), Malaysia Grid Emissions Factor (Scope 2)
- Standard: GHG Protocol (implied)
- Third party verification: Not verified ⚠️
- Carbon intensity: 9.11 (Scope 1), 5.99 (Scope 2) tCO₂e/million RM, not verified ⚠️
Efforts
- 66.2 tCO₂e avoided 🟢
- 619.19 MT waste diverted 🟢
- Solar panels installed 🌞
- Recycling campaigns 🌱
Social Highlights
- RM127,387 community investment 🥗
- 332 employees trained 🟢
- 100 offenders employed 🥗
- 66 student internships 🟢
- 55 devices donated 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable start by TRC Synergy Berhad in integrating sustainability into its 2023 report 🟢. The report provides detailed metrics on GHG emissions (Scope 1 and 2), waste management (619.19 MT diverted), and social initiatives (RM127,387 community investment), showcasing a commitment to quantifiable actions. Employee training and community engagement efforts are well-documented with measurable outcomes 🟢. However, the lack of third-party verification for emissions data and absence of Scope 3 reporting are notable gaps ⚠️. Forward-looking commitments, such as increasing waste diversion to 8% by 2024, are positive but limited in scope. Generic statements like 'committed to sustainability' occasionally appear without supporting evidence. The company could benefit from external assurance of data, broader GHG scope, and more ambitious targets to strengthen credibility and impact.
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