AVALAND BERHAD
Malaysia | 5182.KL | Main
Reference
Report Year: 2023
Source Files: Avaland_Berhad_Annual_Report_2023_Part_2.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Policies formulated 🟢
- Framework established 🟢
- Green Plan launched 🟢
Reporting
TCFD, SDGs, Integrated Report 🟢
GHG Accounting
Avaland Berhad has made initial strides in GHG accounting by reporting Scope 1 (31.0 tCO₂e) and Scope 2 (1,204.0 tCO₂e) emissions for 2023, using the GHG Protocol as the standard. Employees underwent training to enhance data collection, which is a positive step. However, Scope 3 emissions are not reported, limiting the completeness of the inventory. The absence of third-party verification and carbon intensity metrics also weakens credibility. A clear base year and GWP basis are missing, which are essential for tracking progress. To improve, Avaland should expand reporting to include Scope 3, seek external verification, and establish a baseline for consistent monitoring.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 31.0 tCO₂e 🟢 | |
| Scope2 | 1,204.0 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not disclosed. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Company vehicles, facilities (Scope 1); Purchased electricity (Scope 2)
- Gwp basis: Not specified
- Standard: GHG Protocol
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Scopes 1 & 2 tracking 🟢
- Solar panels & EV plugs 🌞
- Eco-fittings adopted 🌱
- Environmental policy formed 🟢
Social Highlights
- 99% local sourcing 🟢
- Zero fatalities 🟢
- Health screening CSR 🥗
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initial efforts are evident in Avaland Berhad’s 2023 sustainability report, particularly in establishing a Sustainability Committee and reporting Scope 1 and 2 emissions with specific metrics 🟢. The integration of frameworks like TCFD and alignment with SDGs shows a structured approach. Quantifiable actions, such as achieving 99% local sourcing and zero fatalities at construction sites, add credibility. However, the report lacks depth in certain areas ⚠️, such as missing Scope 3 emissions, third-party verification, and carbon intensity data. Social highlights are limited, and governance disclosures on salary transparency or litigation are absent. Forward-looking commitments, like net-zero by 2050, are noted but lack detailed plans or interim targets. To enhance quality, Avaland should incorporate third-party verification, expand GHG reporting, and provide measurable outcomes for social and governance initiatives.
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