FOUNDPAC GROUP BERHAD
Malaysia | 5277.KL | Main
Reference
Report Year: 2024
Source Files: FoundPac_-_Annual_Report_2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
FoundPac Group Berhad's GHG accounting efforts are notably underdeveloped in the 2024 report. No data is provided for Scope 1, 2, or 3 emissions, despite reporting electricity consumption (2,215.58 MWh). Key gaps include the absence of a base year, emission boundaries, GWP basis, and adherence to standards like GHG Protocol or ISO 14064. While the company demonstrates environmental awareness through initiatives like solar energy adoption, quantifiable GHG metrics are missing, limiting the ability to assess progress. Improvement is needed by establishing a comprehensive GHG inventory, adopting recognized frameworks, and seeking third-party verification to enhance credibility and transparency in reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided ⚠️ |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided, though electricity consumption reported as 2,215.58 MWh ⚠️ |
| 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 ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 240.32 MWh solar savings 🌞
- 942 kg waste recycled 🟢
- Solar PV System adopted 🌞
- Eco-friendly packaging 🌱
Social Highlights
- 324 employees trained on safety 🟢
- 3,251 training hours 🟢
- 95 employees on company trips 🥗
- 100 students supported 🥗
- 33 blood donors 🥗
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Commendable initiatives are evident in FoundPac Group Berhad’s 2024 sustainability report, particularly in social and environmental efforts like training 324 employees on safety and generating 240.32 MWh from solar energy 🟢. The integrated report covers ESG aspects and includes measurable outcomes such as recycling 942 kg of waste and supporting 100 students through community programs. However, significant gaps exist in GHG accounting, with no data on Scope 1, 2, or 3 emissions, base year, or verification ⚠️. Generic statements about sustainability lack depth without quantifiable targets or forward-looking commitments. To improve, the company should adopt recognized frameworks like GRI or TCFD, establish a dedicated sustainability committee, and provide detailed emissions data with third-party verification. This would elevate the report’s credibility and align it with global standards.
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