DANCOMECH HOLDINGS BERHAD
Malaysia | 5276.KL | Main
Reference
Report Year: 2023
Source Files: Dancomech_2023_Annual_Report.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
DANCOMECH HOLDINGS BERHAD's 2023 sustainability report lacks comprehensive GHG accounting data. No Scope 1, 2, or 3 emissions are reported, and critical details such as base year, boundary, GWP basis, and verification status are absent. While the company tracks energy consumption (3,241.31 MWh), this is not translated into emissions data. Significant gaps exist in adopting recognized standards like the GHG Protocol or ISO 14064. To improve, the company should establish a GHG inventory, report emissions across all scopes, and seek third-party verification for credibility. Incorporating forward-looking targets for emission reductions would also strengthen their environmental accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
| 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 ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No specific efforts ⚠️
- No specific efforts ⚠️
- Solar power system 🌞
- Reduced paper usage 🌱
Social Highlights
- 360 employees trained on safety 🟢
- MYR 15,956 for community 🥗
- 240 beneficiaries 🥗
- 1,684 training hours (executives) 🟢
- 452 training hours (non-executives) 🟢
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Room for Improvement in DANCOMECH HOLDINGS BERHAD's 2023 sustainability report. The report offers a foundation with some quantifiable data on energy use (3,241.31 MWh), water consumption (15.156 megalitres), and social initiatives (e.g., training 360 employees on safety) 🟢. However, it falls short on critical aspects like GHG emissions accounting, with no data on Scope 1, 2, or 3 emissions ⚠️, and lacks adoption of recognized frameworks such as GRI or TCFD. Generic statements about sustainability commitment are present but unsupported by measurable outcomes or forward-looking targets. To enhance credibility, the company should incorporate emissions data, adopt international reporting standards, and provide verifiable targets for environmental and social impact. Third-party assurance would also strengthen trust in the reported data. Overall, a more structured and detailed approach is needed.
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