PROTASCO BERHAD
Malaysia | 5070.KL | Main
Reference
Report Year: 2023
Source Files:
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- SSC Oversight 🟢
- BRMC Endorsement 🟢
Reporting
GRI, TCFD, SASB, Integrated Report 🟢
GHG Accounting
Protasco Berhad's GHG accounting for 2023 focuses on Scope 2 emissions with a reported value of 2,215.47 tCO₂e, reflecting electricity consumption across Malaysian operations. The company shows commitment to data collection for energy use, a positive step. However, Scope 1 and Scope 3 emissions are not reported, limiting a comprehensive view of their carbon footprint. Key details like base year, GWP basis, and accounting standards are missing, reducing transparency. While internal reviews enhance credibility, third-party verification is absent, which could strengthen trust. Moving forward, Protasco should prioritize reporting all scopes, establish a base year, and seek external assurance to align with global best practices and improve accountability.
Emissions
| Scope | Value | Note |
|---|
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Malaysia operations 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Internal tracking 🟢
- Third party verification: Internal review only ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 690.78 tonnes CO2 avoided 🟢
- 29% waste recycled 🟢
- Solar panels (1.16M kWh) 🌞
- 3 eco-friendly materials 🌱
Social Highlights
- RM425K for 44 beneficiaries 🥗
- 838 employees trained 🟢
- 102 activities, RM811K 🥗
- 83% trained on skills 🟢
- 86% customer satisfaction 🟢
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: None reported 🟢
Report Quality
Commendable effort by Protasco Berhad in their 2023 Sustainability Report with an integrated approach aligning to GRI, TCFD, and SASB frameworks 🟢. The report provides quantifiable metrics such as 2,215.47 tCO₂e for Scope 2 emissions, 29% waste recycling, and an 86% customer satisfaction score, demonstrating a focus on measurable outcomes. Social initiatives, like RM425K community investment, are well-documented 🟢. However, gaps exist with missing Scope 1 and 3 emissions and lack of third-party verification, reducing transparency ⚠️. Forward-looking commitments, such as a 5-year GHG reduction plan, are noted but lack specific targets for net-zero or interim milestones ⚠️. The report could benefit from addressing these gaps, incorporating external assurance, and avoiding generic statements by linking commitments to concrete actions. Overall, a solid foundation with room for deeper impact reporting.
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