SOUTHERN ACIDS (M) BERHAD
Malaysia | 5134.KL | Main
Reference
Report Year: 2024
Source Files:
Sustainability Committee
Sustainability Committee (SRAB) 🟢
- Annual materiality review 🟢
- Stakeholder process refined 🟢
Reporting
Integrated Report, Framework Not Specified ⚠️
GHG Accounting
SOUTHERN ACIDS (M) BERHAD's 2024 sustainability report lacks detailed GHG accounting data. There is no mention of Scope 1, 2, or 3 emissions, base year, boundary, or inventory details. Additionally, the report does not specify the GWP basis, accounting standard, data collection approach, or third-party verification status. While the company acknowledges emissions as a material matter, the absence of quantifiable metrics limits transparency. A key improvement would be to establish a comprehensive GHG inventory with absolute emission figures and pursue third-party verification to enhance credibility. Addressing these gaps would strengthen stakeholder trust and align with global reporting standards.
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 ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Not reported ⚠️
- Effluent & waste management 🟢
- Not reported ⚠️
- Energy Management focus 🟢
Social Highlights
- Employee training & development 🟢
- Community support 🥗
- Limited data available ⚠️ (Insufficient measurable social impact data.)
- Limited data available ⚠️ (Insufficient measurable social impact data.)
- Limited data available ⚠️ (Insufficient measurable social impact data.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable intent is evident in SOUTHERN ACIDS (M) BERHAD's 2024 integrated sustainability report, with a clear focus on materiality assessments and stakeholder engagement 🟢. The presence of a Sustainability Committee (SRAB) and annual reviews are positive steps. However, the report falls short on quantifiable actions and measurable outcomes ⚠️. Key areas like GHG emissions, energy usage, and social impact lack specific metrics or verified data. Forward-looking commitments, such as net-zero targets, are also absent. While material matters are well-defined, generic statements like 'promoting sustainability' lack evidence of impact. To improve, the company should incorporate specific metrics (e.g., emission reductions in tCO₂e), pursue third-party verification, and outline clear future goals. This would elevate transparency and accountability, providing stakeholders with a more robust view of sustainability efforts.
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