HOMERITZ CORPORATION BERHAD
Malaysia | 5160.KL | Main
Reference
Report Year: 2024
Source Files: Annual_Report_2024.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
GRI, SASB, Integrated Report 🟢
GHG Accounting
Homeritz Corporation Berhad's GHG accounting in the 2024 report lacks critical data, with no Scope 1, 2, or 3 emissions reported. While the company acknowledges the importance of energy efficiency and climate impact, there are no quantifiable metrics or base year data to assess progress. Third-party verification by Carbon Beyond Technology Sdn Bhd is a strength, providing credibility to the reported ESG efforts. However, the absence of boundary definitions, GWP basis, and emission standards limits transparency. Improvement is needed in establishing a comprehensive GHG inventory, setting a clear baseline, and reporting absolute emissions data to align with global standards. Addressing these gaps will enhance accountability and demonstrate a stronger commitment to climate goals.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not provided in the report. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not provided in the report. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not provided in the report. |
| 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 ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Verified by Carbon Beyond Technology Sdn Bhd 🟢
- Carbon intensity: Not reported ⚠️
Efforts
- Solar panel installation planned 🌞
- Recycling wood scraps 🟢
- Energy-saving tech adopted 🌱
- Sustainable material sourcing 🌱
Social Highlights
- Employee health & safety focus 🟢
- Local workforce support 🥗
- Community donations 🥗
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable intent is evident in Homeritz Corporation Berhad’s 2024 sustainability report, with a clear focus on ESG perspectives and alignment with frameworks like GRI and SASB 🟢. The inclusion of third-party assurance by Carbon Beyond Technology Sdn Bhd adds credibility to the disclosed data. However, the report falls short on quantifiable actions and measurable outcomes, particularly in GHG emissions, where no specific metrics or targets are provided ⚠️. Statements such as 'committed to energy efficiency' remain generic without supporting data or forward-looking commitments like net-zero targets. To enhance future reports, the company should incorporate detailed emissions data, set measurable goals, and provide clearer evidence of impact. This will strengthen transparency and demonstrate a deeper commitment to sustainability beyond broad aspirations.
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