MARINE & GENERAL BERHAD
Malaysia | 5078.KL | Main
Reference
Report Year: 2024
Source Files: MnG_AR2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific frameworks mentioned ⚠️
GHG Accounting
Marine & General Berhad's sustainability report for 2024 lacks comprehensive data on GHG emissions accounting. There is no reporting on Scope 1, 2, or 3 emissions, base year, or boundary definitions. Additionally, critical elements such as GWP basis, data collection methods, and third-party verification are absent, limiting transparency. While the report acknowledges environmental compliance and emissions management as material matters, it fails to provide quantifiable metrics or evidence of progress. A key improvement area is to establish a robust GHG inventory aligned with international standards like the GHG Protocol. Incorporating measurable targets and verification processes would significantly enhance credibility and accountability in future reports.
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 ⚠️
Efforts
- No efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
Social Highlights
- Limited data available ⚠️ (No measurable social initiatives with numbers provided.)
- Limited data available ⚠️ (No measurable social initiatives with numbers provided.)
- Limited data available ⚠️ (No measurable social initiatives with numbers provided.)
- Limited data available ⚠️ (No measurable social initiatives with numbers provided.)
- Limited data available ⚠️ (No measurable social initiatives with numbers provided.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for improvement in Marine & General Berhad’s 2024 sustainability report. While the report demonstrates a commitment to sustainability through a structured governance framework and materiality assessment, it lacks quantifiable actions and measurable outcomes ⚠️. Generic statements about environmental compliance and social responsibility are present, but there are no specific metrics, such as emission reductions or social impact numbers, to substantiate claims. The absence of international reporting frameworks like GRI or TCFD further limits comparability and transparency. Additionally, there are no forward-looking commitments or targets, such as net-zero goals, to guide future efforts. To enhance credibility, the company should incorporate specific, verifiable data 🟢, adopt recognized standards, and outline clear sustainability targets. Third-party verification of data would also strengthen trust among stakeholders. Overall, the report provides a foundation but needs deeper substance.
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