TUNE PROTECT GROUP BERHAD
Malaysia | 5230.KL | Main
Reference
Report Year: 2023
Source Files: TPG_-_Annual_Report_2023_(Part_1).pdf, TPG_-_Annual_Report_2023_(Part_2).pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Meets every 2 months 🟢
- Quarterly Board reports 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Tune Protect Group Berhad demonstrates a foundational approach to GHG accounting by reporting on Scope 1, Scope 2, and Scope 3 emissions for 2023. However, the report lacks detailed quantitative data, base year information, boundary definitions, and GWP basis, limiting the depth of analysis. The absence of third-party verification raises concerns about data reliability. A strength is the inclusion of carbon intensity metrics, though specifics are not provided. Improvements are needed in transparency by disclosing absolute emission figures, adopting a recognized standard like GHG Protocol, and engaging third-party verification to enhance credibility. Additionally, setting a clear base year and defining inventory boundaries would strengthen their reporting framework and support more effective tracking of emission reduction progress.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Reported 🟢 | Specific data not detailed in the report ⚠️ |
| Scope2 | Reported 🟢 | Specific data not detailed in the report ⚠️ |
| Scope3 | Reported 🟢 | Specific data not detailed 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: Not mentioned ⚠️
- Carbon intensity: Reported 🟢
Efforts
- Zero Coal underwriting 🟢
- Waste recycling efforts 🟢
- Climate risk monitoring 🌞
- Paperless operations 🌱
Social Highlights
- 4,173 volunteer hours 🥗
- 50% women on Board 🥗
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: Can’t find ⚠️
Report Quality
Commendable initiative by Tune Protect Group Berhad in integrating sustainability into their 2023 report with a clear governance structure 🟢. The presence of a Sustainability Committee and alignment with GRI standards reflect a structured approach. Quantifiable actions, such as 4,173 volunteer hours and Zero Coal underwriting, are positive highlights. However, the report lacks depth in measurable outcomes for GHG emissions and other key metrics, often presenting generic commitments without specific targets or verified data ⚠️. Forward-looking commitments, like net-zero goals, are not evident. To improve, the company should incorporate third-party verification for emissions data, provide absolute figures rather than qualitative descriptions, and outline clear, time-bound sustainability targets. This would enhance credibility and demonstrate a stronger commitment to measurable impact.
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