IBRACO BERHAD
Malaysia | 5084.KL | Main
Reference
Report Year: 2023
Source Files: Annual_Report_2023.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
IBRACO BERHAD's 2023 sustainability report lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, nor any mention of base year, boundary, or inventory. Standards like GHG Protocol or ISO 14064 are not referenced, and there is no evidence of third-party verification. While the report expresses a commitment to reducing environmental footprint, it falls short of providing measurable data or specific initiatives. A key improvement would be to establish a structured GHG inventory with clear scopes and verification processes to enhance credibility and transparency 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 data ⚠️
- No data ⚠️
- No data ⚠️
- No data ⚠️
Social Highlights
- 100% local suppliers 🟢
- 220 affordable units 🟢
- 97% survey response 🟢
- Limited data available ⚠️ (Insufficient social impact data provided.)
- Limited data available ⚠️ (Insufficient social impact data provided.)
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Room for Improvement in IBRACO BERHAD’s 2023 sustainability report. While the report highlights a commitment to sustainability and economic value creation, it lacks quantifiable actions and measurable outcomes in critical areas like GHG emissions and environmental initiatives ⚠️. Statements about reducing environmental footprint are generic and unsupported by specific data or targets. Social efforts, such as engaging local suppliers and affordable housing, are positive 🟢, but broader impact metrics are missing. Forward-looking commitments, like achieving Net Zero Carbon by 2050, are noted but lack detailed plans or interim goals. To enhance credibility, the company should incorporate third-party verification, adopt recognized frameworks like GRI or TCFD, and provide specific, data-driven sustainability metrics. This would transform a foundational report into a robust tool for stakeholder trust and accountability.
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