MYNEWS HOLDINGS BERHAD
Malaysia | 5275.KL | Main
Reference
Report Year: 2024
Source Files: MYNEWS_ANNUAL_REPORT_2024_(PART_2).pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
MYNEWS HOLDINGS BERHAD's 2024 sustainability report lacks detailed information on GHG accounting. There is no data provided for Scope 1, Scope 2, or Scope 3 emissions, nor is there mention of a base year, boundary, or inventory details. The report does not specify any standards like the GHG Protocol, a data collection approach, or third-party verification. While the company expresses a general commitment to sustainability, quantifiable metrics are absent. Improvement is needed by establishing a structured GHG inventory, adopting recognized frameworks, and ensuring data transparency through verification. This would strengthen credibility and align with best practices in sustainability reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data available on Scope 1 emissions. |
| Scope2 | Not reported ⚠️ | No data available on Scope 2 emissions. |
| Scope3 | Not reported ⚠️ | No data available on Scope 3 emissions. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Social Highlights
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in MYNEWS HOLDINGS BERHAD's 2024 sustainability report. While the report acknowledges the importance of Environmental, Social, and Governance (ESG) factors and mentions the Board's commitment to sustainability, it falls short on quantifiable actions and measurable outcomes ⚠️. Statements such as 'committed to delivering long-term sustainable values' are generic and lack supporting evidence or specific metrics to demonstrate impact. There are no forward-looking commitments or targets, such as net-zero goals, to guide future efforts. To enhance the report's credibility, the company should include detailed data on emissions, waste management, and social initiatives, adopt recognized frameworks like GRI or TCFD, and consider third-party verification for transparency. This would transform the report into a robust tool for stakeholders to assess sustainability performance 🟢.
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