MENTIGA CORPORATION BERHAD
Malaysia | 5223.KL | Main
Reference
Report Year: 2023
Source Files: Mentiga_AR23_Bursa.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Regular meetings 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Mentiga Corporation Berhad demonstrates a commendable start in GHG accounting for 2023, with detailed reporting on Scope 1 (249,542.87 tCO₂e), Scope 2 (40.89 tCO₂e), and Scope 3 (258,889.82 tCO₂e) emissions, aligned with the GHG Protocol and DEFRA factors. The boundary includes plantation, mining, timber, and property segments, providing a broad operational view. However, the lack of third-party verification (planned for 2024) and absence of a base year or carbon intensity metrics limit comparability and credibility. Improvements could include establishing a baseline for tracking reductions, verifying data externally, and reporting carbon intensity to better gauge efficiency. Overall, while the foundation is solid, enhancing transparency and consistency will strengthen stakeholder trust.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 249,542.87 tCO₂e 🟢 | |
| Scope2 | 40.89 tCO₂e 🟢 | |
| Scope3 | 258,889.82 tCO₂e 🟢 |
Other Details
- Base year: Not specified
- Boundary inventory: Covers plantation, mining, timber, and property segments
- Gwp basis: DEFRA Emission Factors
- Standard: GHG Protocol
- Data collection approach: Fuel consumption for Scope 1, electricity usage for Scope 2, business travel and commuting for Scope 3
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Reduced diesel usage 🟢
- Zero-burning technique 🟢
- Solar panel consideration 🌞
- FFB mechanization 🌱
Social Highlights
- RM7.48M to local suppliers 🥗
- 105 employees trained 🟢
- RM69,235 on training 🟢
- RM40,000 medical coverage 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: Can’t find ⚠️
Report Quality
Commendable Initial Efforts in sustainability reporting by Mentiga Corporation Berhad for 2023 🟢. The integrated report, aligned with GRI standards, provides a structured overview of ESG performance, with quantifiable metrics like GHG emissions (Scope 1, 2, and 3), energy consumption (53.95 MW), and social investments (RM7.48M in local suppliers). Forward-looking commitments, such as third-party verification by 2024 and increasing anti-bribery training coverage, reflect a proactive stance. However, the report contains generic statements like 'committed to sustainability' without sufficient measurable outcomes or timelines ⚠️. Data gaps, such as waste management metrics and carbon intensity, limit depth. To improve, the company should incorporate verified data, set clear reduction targets with baselines, and reduce reliance on vague aspirations. Overall, a solid foundation exists, but greater specificity and accountability would elevate credibility.
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