ESTHETICS INTERNATIONAL GROUP BERHAD
Malaysia | 5081.KL | Main
Reference
Report Year: 2024
Source Files: EIG_AR_2024_BURSA_(Pt_1).pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
Esthetics International Group Berhad provides limited GHG accounting data for FY2024, with only Scope 2 emissions (690.18 tCO₂e) reported. Scope 1 and Scope 3 data are outdated (FY2022 only), lacking continuity and completeness. The report does not specify a base year, GWP basis, or standard (e.g., GHG Protocol), nor does it mention third-party verification, reducing credibility. The boundary is limited to Malaysia operations, which is a start but excludes other markets. Strengths include reporting Scope 2 data, but major gaps in Scope 1 and 3 hinder a full emissions profile. Improvements needed include consistent yearly reporting, adopting a recognized standard, expanding boundary coverage, and seeking third-party verification to enhance transparency and reliability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported for 2024 ⚠️ | Data available only for FY2022 (338.59 tCO₂e) |
| Scope2 | 690.18 tCO₂e 🟢 | Reported for FY2024 |
| Scope3 | Not reported for 2024 ⚠️ | Data available only for FY2022 (427.94 tCO₂e) |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Malaysia operations (headquarters and largest market)
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Not specified
- Third party verification: No
- Carbon intensity: Not reported ⚠️
Efforts
- Energy efficiency focus 🟢
- PCR packaging adopted 🟢
- Solar panel evaluation 🌞
- Reduced plastic in e-commerce 🌱
Social Highlights
- 88% female workforce 🟢
- 815 training hours 🟢
- Vocational training partnerships 🥗
- Beach clean-up initiatives 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initial efforts by Esthetics International Group Berhad in integrating sustainability into their annual report for FY2024 🟢. The report highlights quantifiable actions such as Scope 2 emissions (690.18 tCO₂e) and social metrics like 815 training hours and an 88% female workforce, which provide measurable outcomes. Community initiatives like beach clean-ups and vocational partnerships are positive steps. However, the report lacks depth in key areas ⚠️, such as missing Scope 1 and 3 emissions data for 2024, no mention of third-party verification, and vague forward-looking commitments (e.g., 'aim to be climate positive by 2026') without specific targets or timelines. Generic statements like 'minimizing environmental impact' lack evidence or metrics. To improve, the company should adopt recognized frameworks (e.g., GRI), ensure consistent GHG reporting across all scopes, and incorporate verifiable forward-looking targets for greater transparency and accountability.
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.