ONE GLOVE GROUP BERHAD
Malaysia | 5079.KL | Main
Reference
Report Year: 2024
Source Files: One_Glove_Group_Berhad_-_Annual_Report_2024.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
UN SDGs, ISO 14001:2015, ISO 45001:2018, Integrated Report 🟢
GHG Accounting
ONE GLOVE GROUP BERHAD has initiated baseline data collection for Scope 1 and Scope 2 emissions at their manufacturing plant, marking a positive step towards GHG accounting 🟢. However, specific emission figures for 2024 are not disclosed, limiting transparency. Scope 3 emissions are entirely absent from the report, which is a significant gap ⚠️. Additionally, critical details such as base year, GWP basis, accounting standards, data collection methods, and third-party verification are not provided. The company could improve by publishing absolute emission figures, including Scope 3 data, and adopting recognized standards like the GHG Protocol. Seeking third-party verification would further enhance credibility and accountability in their sustainability reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Baseline data collected 🟢 | Specific figures for 2024 not provided ⚠️ |
| Scope2 | Baseline data collected 🟢 | Specific figures for 2024 not provided ⚠️ |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not mentioned in the report ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Manufacturing plant 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy reduction initiatives 🟢
- Scheduled waste disposal 🟢
- Rainwater harvesting 🌧️
- ISO 14001:2015 certified 🌱
Social Highlights
- 28.26 hours/employee trained 🟢
- Internships offered 🟢
- Local hiring prioritized 🥗
- SOCSO collaboration for recruitment 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Positive steps are evident in ONE GLOVE GROUP BERHAD's 2024 sustainability report, with a focus on aligning operations with UN SDGs and implementing systems like ISO 14001:2015 for environmental management 🟢. The report includes quantifiable metrics such as training hours per employee (28.26 hours in FYE 2024) and baseline data collection for Scope 1 and 2 emissions. However, it lacks depth in critical areas like GHG accounting, with no specific emission figures or third-party verification ⚠️. Forward-looking commitments or net-zero targets are also absent, reducing the report's strategic value. While initiatives like rainwater harvesting and local hiring are commendable, many statements remain generic without measurable outcomes. The company could strengthen its reporting by incorporating absolute emission data, Scope 3 reporting, and clear sustainability targets. Seeking external assurance would further enhance credibility and transparency.
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.