LUSTER INDUSTRIES BHD.
Malaysia | 5068.KL | Main
Reference
Report Year: 2023
Source Files:
Sustainability Committee
Sustainability Working Group (Members Unknown) 🟢
- Identifies key issues 🟢
- Formulates initiatives 🟢
- Oversees performance 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
LUSTER INDUSTRIES BHD. has not provided detailed information on its GHG emissions accounting in the 2023 report. No data is available for Scope 1, 2, or 3 emissions, and critical elements such as base year, boundary, GWP basis, or verification status are absent. This lack of transparency limits the ability to assess the company's environmental impact. A key area for improvement is the inclusion of quantifiable GHG data and adherence to recognized standards like the GHG Protocol. Additionally, third-party verification could enhance credibility. While the report mentions general environmental initiatives, specific metrics and outcomes are needed to demonstrate progress.
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 specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not specified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No data ⚠️
- No data ⚠️
- No data ⚠️
- No data ⚠️
Social Highlights
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in LUSTER INDUSTRIES BHD.'s 2023 sustainability report. While the company demonstrates a commitment to sustainability through the establishment of a Sustainability Working Group 🟢, the report lacks quantifiable actions and measurable outcomes ⚠️. General statements about environmental conservation and social responsibility are present, but specific metrics, such as emission reductions or waste management data, are missing. Additionally, there are no forward-looking commitments or targets, such as net-zero goals, to guide future progress. The report could benefit from adopting recognized frameworks like GRI or TCFD for structured reporting, incorporating third-party verification for credibility, and providing detailed data on social and environmental impacts. This would transform the current foundational effort into a robust and transparent sustainability narrative.
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.