HEVEABOARD BERHAD
Malaysia | 5095.KL | Main
Reference
Report Year: 2023
Source Files: Annual_Report_2023.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Oversees sustainability 🟢
- Long-term strategies 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
HEVEABOARD BERHAD's 2023 sustainability report lacks detailed GHG accounting data, with no specific figures for Scope 1, 2, or 3 emissions. Key elements such as base year, boundary, GWP basis, and standards are missing, limiting transparency. While the report highlights a focus on reducing environmental footprints under 'Emissions' as a material matter, there are no quantifiable metrics or evidence of third-party verification to substantiate progress. A significant gap is the absence of carbon intensity data. To improve, the company should prioritize comprehensive GHG inventory reporting, adopt recognized standards like the GHG Protocol, and seek third-party verification to enhance credibility. Including specific reduction targets and progress tracking would further strengthen their environmental accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No specific data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No specific data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Emission reduction focus 🟢
- Waste reduction efforts 🟢
- Energy-efficient tech 🌞
- Recycled materials 🌱
Social Highlights
- Employee training 🥗
- Community support 🥗
- Digital stakeholder outreach 🥗
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initial steps are evident in HEVEABOARD BERHAD's 2023 sustainability report, particularly with the establishment of a Sustainability Committee and a focus on material matters like emissions and waste management 🟢. The integrated report aligns with Bursa Malaysia's Sustainability Reporting Guide, which is a positive foundation. However, the report falls short on quantifiable actions and measurable outcomes ⚠️. Generic statements such as 'reducing environmental footprints' lack specific metrics or verified data to demonstrate impact. There are no forward-looking commitments like net-zero targets or detailed progress tracking. To enhance credibility, the company could incorporate third-party verification, provide concrete data on GHG emissions, and outline clear, time-bound sustainability goals. Overall, while the report provides a solid starting point, it would benefit from greater depth and evidence-based content to reflect true ESG performance.
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