ICAPITAL.BIZ BERHAD

Malaysia | 5108.KL | Main

By Sustify.world AI model | 2025-05-25
icapital.biz Berhad (the Fund) is a Malaysia-based closed-end fund and is principally engaged in investing in a diversified portfolio of quoted securities. The primary investment objective of the Fund is long-term capital appreciation of its investments, whilst dividends and/or interest income from these investments would be of secondary consideration. The Fund invests in undervalued companies which are listed on the Main Market of Bursa Malaysia Securities Berhad (Bursa Securities) and the ACE Market of Bursa Securities. It can also invest in cash deposits and up to 10% of its asset value in unlisted companies. The asset allocation of the Fund is a function of its value investing philosophy and can range from 0% equities to 100% equities. The Fund’s investments are managed as a portfolio of equity investments. Its fund manager is Capital Dynamics Asset Management Sdn. Bhd. (CDAM), and the investment adviser is Capital Dynamics Sdn. Bhd. (CDSB).

Reference

Report Year: 2024
Source Files: ICAP_2024_Annual_Report.md

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No specific framework mentioned ⚠️

GHG Accounting

ICAPITAL.BIZ BERHAD's 2024 sustainability report lacks any specific data or discussion on GHG emissions accounting. There is no mention of Scope 1, 2, or 3 emissions, base year, boundaries, or standards such as GHG Protocol or ISO 14064. Additionally, there is no evidence of third-party verification or carbon intensity metrics. The report does not address environmental impact in a quantifiable manner, which is a significant gap. To improve, the company should establish a framework for GHG accounting, define emission scopes, adopt recognized standards, and consider third-party verification to enhance credibility. Including measurable targets and progress updates would provide a clearer picture of their environmental efforts.

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 ⚠️

Social Highlights

  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Disclosed 🟢
  • Litigation: Can't find ⚠️

Report Quality

Significant gaps in sustainability reporting are evident in ICAPITAL.BIZ BERHAD's 2024 integrated report ⚠️. The report lacks any specific focus on sustainability, with no mention of a sustainability committee, quantifiable environmental metrics, or social impact initiatives. There are no forward-looking commitments or measurable outcomes related to emissions, waste, or community engagement. While governance aspects such as salary disclosure are addressed 🟢, the absence of environmental and social data limits the report's usefulness for stakeholders seeking sustainability insights. To improve, the company should establish a dedicated sustainability framework, form a committee to oversee efforts, and include specific metrics and targets. Incorporating third-party verification and discussing future goals would also enhance credibility and transparency. Overall, the report needs substantial development to align with best practices in sustainability disclosure.

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.

Let's talk

Similar Companies

AMMB HOLDINGS BERHAD | Main | 1015.KL
more -->

We use cookies to enhance your experience on our website. By clicking "Accept", you agree to our use of cookies. Learn more.