MSM MALAYSIA HOLDINGS BERHAD
Malaysia | 5202.KL | Main
Reference
Report Year: 2023
Source Files:
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Management Steering Committee 🟢
Reporting
TCFD, Integrated Report 🟢
GHG Accounting
MSM Malaysia Holdings Berhad demonstrates a commitment to climate action with a target of carbon neutrality by 2030 and Net Zero ahead of 2050. Strengths include a focus on operational emissions and initiatives like solar panels and biomass boilers. However, GHG accounting lacks detail, with no absolute data for Scope 1 or 2 emissions, and Scope 3 is still under identification. The absence of third-party verification and unspecified standards (e.g., GHG Protocol) limits credibility. Additionally, biogenic emissions from planned biomass usage are not reported, which is a gap. Improvements should include detailed Scope-wise reporting, adoption of recognized standards, third-party verification, and inclusion of biogenic emissions in the GHG inventory to align with best practices.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Specific Scope 1 data not provided in absolute terms. |
| Scope2 | Not reported ⚠️ | Specific Scope 2 data not provided in absolute terms. |
| Scope3 | Identification in progress → | Scope 3 identification programs initiated for supply chain sustainability. |
| Biogenic emissions | Not reported despite biomass usage ⚠️ | Biomass boiler planned, but emissions not included in GHG inventory. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Operational control →
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Carbon neutrality by 2030 🟢
- 23,912.6 MT waste, recycled 🟢
- Solar panels & biomass 🌞
- Lower-emission fleet 🌱
Social Highlights
- ESG Talk hosted 🥗
- Environmental Week 🥗
- COP28 participation 🥗
- APCW sponsorship 🥗
- Limited data available ⚠️ (Additional social impact metrics not detailed.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable ambition is evident in MSM Malaysia Holdings Berhad’s sustainability report for 2023, particularly with the forward-looking commitment to achieve carbon neutrality by 2030 and Net Zero ahead of 2050 🟢. The report highlights specific initiatives like solar panel installations and biomass projects, alongside quantifiable metrics such as 23,912.6 MT of waste managed and a reduction in water consumption from 2.27M m³ to 2.21M m³. However, significant gaps remain in GHG accounting, with no absolute emission figures for Scope 1 or 2 and a lack of third-party verification ⚠️. Generic statements about sustainability commitment often lack supporting evidence or measurable outcomes. To enhance credibility, the report could benefit from detailed Scope-wise emissions data, adoption of international standards like GHG Protocol, and independent verification of data. Overall, it provides a solid foundation but requires deeper granularity and transparency.
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