SIME DARBY PLANTATION BERHAD
Malaysia | 5285.KL | Main
Reference
Report Year: 2023
Source Files: SD_Plantation_-_Integrated_Report_2023_(Part_1).pdf, SD_Plantation_-_Integrated_Report_2023_(Part_2).pdf, Sustainability_Report_2023.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Human rights & climate focus 🟢
- Quarterly reviews 🟢
Reporting
GRI, TCFD, Separate Report 🟢
GHG Accounting
Sime Darby Plantation has made notable strides in climate action with net-zero targets validated by the SBTi, aligning with a 1.5°C pathway. Commitments include a 42% reduction in Scope 1 and 2 emissions by 2030 and a 90% reduction in Scope 1, 2, and 3 by 2050 from a 2020 base year. However, absolute emission data for 2023 is not specified in the report, limiting transparency. The absence of third-party verification and detailed data collection methods is a gap. A key strength is the operation of 16 methane capture plants, contributing to emission reductions. Improvements are needed in providing quantifiable emission figures and verification status to enhance credibility and accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not specified ⚠️ | Absolute data not provided in report ⚠️ |
| Scope2 | Not specified ⚠️ | Absolute data not provided in report ⚠️ |
| Scope3 | Not specified ⚠️ | Absolute data not provided in report ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2020
- Boundary inventory: Energy & Industrial Processes, Forest, Land and Agriculture (FLAG)
- Gwp basis: Not specified
- Standard: Science Based Targets initiative (SBTi)
- Data collection approach: Not specified
- Third party verification: Not specified
- Carbon intensity: Not reported ⚠️
Efforts
- SBTi-validated targets 🟢
- 16 methane plants 🟢
- Circularity initiative 🟢
- Solar projects 🌞
- 2.28M trees planted 🌱
Social Highlights
- 96.2% worker satisfaction 🟢
- RM56.7M community investment 🟢
- 3,237 employees trained 🟢
- 33,746 smallholders supported 🟢
- 8.7% injury reduction 🟢
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Commendable leadership in sustainability is evident in Sime Darby Plantation’s 2023 report, particularly with SBTi-validated net-zero targets and initiatives like operating 16 methane capture plants 🟢. The report excels in providing measurable outcomes, such as a 96.2% worker satisfaction rate and RM56.7 million in community investments. Forward-looking commitments, including a 100% NDPE-compliant supply chain by 2025, demonstrate ambition 🟢. However, the lack of absolute GHG emission data for Scopes 1, 2, and 3 limits transparency ⚠️. Generic statements about sustainability commitment occasionally lack supporting evidence. To strengthen future reports, the company should include detailed emission figures, pursue third-party verification for GHG data, and expand on data collection methodologies. Overall, the report provides a solid foundation but could benefit from enhanced specificity and accountability in key areas.
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