UWC BERHAD
Malaysia | 5292.KL | Main
Reference
Report Year: 2024
Source Files: UWC-AR2024_(Part_2).pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Bi-monthly SHE meetings 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
UWC Berhad demonstrates a commitment to tracking GHG emissions with detailed reporting of Scope 1 (1,215 tCO₂e) and Scope 2 (5,353 tCO₂e) for 2024, using the equity share approach across operations in Malaysia and Thailand. The data aligns with the GHG Protocol and IPCC guidelines, showing transparency in methodology. However, Scope 3 emissions are not reported, limiting a full view of the carbon footprint. The absence of third-party verification is a notable gap, reducing data credibility. A strength is the installation of solar power systems, contributing to a reduction of 780 tCO₂e. Improvements could include expanding reporting to cover Scope 3 and pursuing external assurance for enhanced reliability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 1,215 tCO₂e 🟢 | |
| Scope2 | 5,353 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not disclosed in the report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2022
- Boundary inventory: Equity share approach, covering operations in Malaysia and Thailand
- Gwp basis: IPCC Guidelines
- Standard: GHG Protocol
- Third party verification: Not verified ⚠️
- Carbon intensity: 0.0264 tCO₂e/RM'000 revenue, not verified ⚠️
Efforts
- 780 tCO₂e reduction via solar 🟢
- 747.1 tons metal waste recycled 🟢
- Solar power systems 🌞
- Energy-efficient machinery 🌱
Social Highlights
- RM281,700 scholarships to 36 students 🟢
- 1,065 employees trained on safety 🟢
- 67 student internships 🟢
- 28,243 training hours 🟢
- RM5,586 community donations 🥗
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: Can’t find ⚠️
Report Quality
Commendable transparency in UWC Berhad’s 2024 sustainability report, with detailed metrics on GHG emissions, energy consumption, and social initiatives 🟢. The inclusion of quantifiable actions like a 780 tCO₂e reduction via solar power and 747.1 tons of metal waste recycled showcases measurable outcomes. Alignment with GRI and TCFD frameworks adds credibility. However, gaps exist in third-party verification of emissions data and the omission of Scope 3 reporting ⚠️. While forward-looking commitments like achieving carbon neutrality by 2050 are promising, some statements remain generic, lacking specific timelines or interim targets. The report could benefit from external assurance and deeper detail on governance risks like litigation. Overall, it provides a solid foundation but needs more robust evidence and specificity to elevate its impact.
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