LEON FUAT BERHAD
Malaysia | 5232.KL | Main
Reference
Report Year: 2023
Source Files: LFB_AR_2023_Part_1.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Carbon Footprint Training 🟢
- Quarterly ESG Discussions 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Leon Fuat Berhad's 2023 sustainability report lacks detailed GHG accounting data, with no specific figures for Scope 1, 2, or 3 emissions provided. There is no mention of a base year, boundary, inventory, or GWP basis, and the report does not specify adherence to standards like GHG Protocol or ISO 14064. Additionally, there is no indication of third-party verification, which limits the credibility of environmental claims. While the Board participated in Carbon Footprint training, this has not yet translated into quantifiable reporting. Improvements are needed in providing absolute emissions data, establishing clear methodologies, and engaging external verification to enhance transparency and accountability in their environmental impact disclosures.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not provided in the report. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not provided in the report. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not provided in the report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
Efforts
- No data ⚠️
- No data ⚠️
- No data ⚠️
- No data ⚠️
Social Highlights
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in Leon Fuat Berhad’s 2023 sustainability report. While the company demonstrates a commitment to sustainability through an established governance structure and Board-level engagement in ESG training 🟢, the report lacks quantifiable actions and measurable outcomes ⚠️. Key areas such as GHG emissions, waste reduction, and social initiatives are not supported by specific data or impact metrics. The inclusion of GRI indicators and an ESG framework is a positive step, but generic statements like 'integration of robust business practices' lack evidence. There are no forward-looking commitments or targets, such as net-zero goals. To strengthen future reports, the company should focus on providing specific metrics, incorporating third-party verification, and outlining clear sustainability targets to enhance transparency and accountability for stakeholders.
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