APEX EQUITY HOLDINGS BERHAD
Malaysia | 5088.KL | Main
Reference
Report Year: 2023
Source Files: Apex-Annual_Report_2023_pg_1-64.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Oversees initiatives 🟢
- Deliberates ESG matters 🟢
Reporting
Bursa Malaysia Guidelines, Integrated Report 🟢
GHG Accounting
Apex Equity Holdings Berhad's 2023 sustainability report lacks detailed information on GHG emissions accounting. There is no data provided for Scope 1, Scope 2, or Scope 3 emissions, nor are there mentions of a base year, boundary, or inventory details. Additionally, critical elements such as the GWP basis, accounting standards, data collection methods, and third-party verification are absent. While the report expresses a commitment to reducing carbon footprint, it fails to provide quantifiable metrics or specific actions. To improve, Apex should establish a clear GHG inventory, adopt international standards like the GHG Protocol, and consider third-party verification to enhance credibility and transparency in reporting.
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 ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No actions reported ⚠️
- No actions reported ⚠️
- No actions reported ⚠️
- No actions reported ⚠️
Social Highlights
- Employee engagement events 🥗
- CSR donations 🥗
- Limited data available ⚠️ (Insufficient social impact metrics reported.)
- Limited data available ⚠️ (Insufficient social impact metrics reported.)
- Limited data available ⚠️ (Insufficient social impact metrics reported.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in Apex Equity Holdings Berhad's 2023 sustainability report. While the report demonstrates a commitment to sustainability through the establishment of a Corporate Sustainability Committee and alignment with Bursa Malaysia Guidelines 🟢, it falls short in providing quantifiable actions and measurable outcomes ⚠️. Statements such as 'reducing our carbon footprint' remain vague without specific metrics or targets. There is also a lack of forward-looking commitments, such as net-zero goals or timelines for environmental improvements. To enhance future reports, Apex should focus on incorporating specific data points (e.g., emission reductions in tCO₂e), adopt international frameworks like GRI or TCFD, and include third-party verification for credibility. Additionally, expanding on social and governance disclosures with measurable impacts would provide a more comprehensive view of their ESG efforts.
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