CAPITAL A BERHAD
Malaysia | 5099.KL | Main
Reference
Report Year: 2023
Source Files: Capital_A_AR2023_PART_1.pdf, Sustainability_Report_2023_Part_1.pdf, Capital_A_AR2023_PART_2.pdf, Sustainability_Report_2023_Part_3.pdf, Sustainability_Report_2023_Part_5.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Quarterly RMSC meetings 🟢
- Sustainability Day 2023 🟢
Reporting
GRI, TCFD, Separate Report 🟢
GHG Accounting
Capital A Berhad demonstrates a structured approach to GHG accounting by reporting Scope 1, 2, and 3 emissions totaling 6,036,692.6 tCO₂e in 2023, with a focus on aviation fuel as the primary source. The use of the Greenhouse Gas Protocol ensures standardized reporting, and carbon intensity has improved to pre-2019 levels. However, the lack of third-party verification undermines data credibility. Scope 3 emissions, while reported, could be expanded for completeness. The company’s commitment to net-zero by 2050 is notable, but actionable interim targets and verification are needed to strengthen accountability. Introducing a carbon fee in fares for decarbonization funding is a progressive step, though regulatory approval is pending. Overall, Capital A should prioritize external assurance and clearer GWP basis disclosure to enhance reporting robustness.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 4,847,717.5 tCO₂e 🟢 | |
| Scope2 | 9,971.64 tCO₂e 🟢 | |
| Scope3 | 1,179,003.5 tCO₂e 🟢 | |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2019 (for carbon intensity comparison)
- Boundary inventory: Operational control approach covering airline operations, ground operations, and freighter services
- Gwp basis: Not specified in report ⚠️
- Standard: Greenhouse Gas Protocol
- Third party verification: Not verified ⚠️
- Carbon intensity: 64.4 gCO₂/ASK, not verified ⚠️
Efforts
- 129,469 tCO₂ avoided 🟢
- 49% waste diverted 🟢
- Electric vehicles at klia2 🌞
- SAF adoption in progress 🌱
Social Highlights
- 2,965 employees trained 🟢
- 7,835 employees trained 🟢
- RM244,097 for social enterprises 🥗
- RM119,616.70 for communities 🥗
- 77% on-time performance 🟢
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: Can’t find ⚠️
Report Quality
Commendable initiative by Capital A Berhad in publishing its first standalone Sustainability Report for 2023, showcasing a detailed approach to ESG issues with quantifiable metrics like 6,036,692.6 tCO₂e emissions and 49% waste diversion 🟢. The adoption of GRI and TCFD frameworks adds credibility, and forward-looking commitments such as net-zero by 2050 demonstrate ambition. However, the absence of third-party verification for GHG data limits reliability ⚠️, and some disclosures, like GWP basis, are vague or missing. While social impact metrics (e.g., training 7,835 employees on anti-trafficking) are strong, environmental outcomes lack depth in interim targets. The report could benefit from reducing generic statements and focusing on measurable outcomes with external assurance. Incorporating clearer forecasting tools and addressing data gaps will enhance future reports. Overall, a solid foundation with room for improvement in verification and specificity.
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