ELK-DESA RESOURCES BERHAD
Malaysia | 5228.KL | Main
Reference
Report Year: 2024
Source Files: ELK-Desa_Annual_Report_2024.md
Sustainability Committee
Sustainability Steering Committee (SSC) 🟢
- Regular meetings 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
ELK-Desa Resources Berhad demonstrates a foundational approach to GHG accounting by reporting Scope 2 emissions at 325.28 tCO₂e for FY2024, derived from electricity consumption. The company uses the Grid Emission Factor from the Energy Commission of Malaysia, ensuring consistency in calculations. A positive step is their initiative to estimate Scope 1 and Scope 3 emissions (employee commuting and business travel) for future disclosure. However, the lack of third-party verification and unspecified standards (e.g., GHG Protocol) limits credibility. Improvements are needed in defining a base year, adopting a recognized standard, and verifying data to enhance transparency and reliability of their emissions reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Initiated estimation for disclosure next year |
| Scope2 | 325.28 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Initiated estimation for employee commuting and business travel |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Defined boundaries 🟢
- Gwp basis: Grid Emission Factor 🟢
- Standard: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: 0.07 tCO₂e/m², not verified ⚠️
Efforts
- 31 tCO₂e avoided 🟢
- Solar panels installed 🌞
- 2.47 tonnes recycled 🟢
- Digital payments adopted 🌱
Social Highlights
- RM361,679 community investment 🟢
- 39,021 hirers supported 🟢
- 7 engagement activities 🟢
- 7,194 training hours 🟢
- Zero fatalities/injuries 🟢
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: No litigation ⚠️
Report Quality
Commendable foundation in sustainability reporting by ELK-Desa Resources Berhad for FY2024 🟢. The report provides quantifiable metrics such as Scope 2 emissions (325.28 tCO₂e), community investment (RM361,679), and employee training hours (7,194), demonstrating a commitment to measurable outcomes. The integration of solar energy, avoiding 31 tCO₂e, is a notable achievement. However, the report lacks third-party verification and detailed forward-looking commitments beyond next year’s emission estimations ⚠️. Generic statements like 'committed to sustainability' are present without sufficient evidence of long-term targets (e.g., net-zero goals). To enhance credibility, the company should incorporate external assurance, define clear long-term targets, and adopt recognized GHG standards. Overall, the report is a solid start but could benefit from deeper specificity and validation.
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