AME ELITE CONSORTIUM BERHAD
Malaysia | 5293.KL | Main
Reference
Report Year: 2024
Source Files: AME_-_Annual_Report_2024_(Part_1).pdf, AME_-_Annual_Report_2024_(Part_2).pdf, AME_-_Annual_Report_2024_(Part_3).pdf
Sustainability Committee
Sustainability Steering Committee (SSC) 🟢
- Materiality assessment review 🟢
Reporting
Bursa Malaysia ESG Reporting, Integrated Report 🟢
GHG Accounting
AME Elite Consortium Berhad demonstrates a commendable start in GHG accounting by reporting Scope 1 (1,808.28 tCO₂e), Scope 2 (1,053.02 tCO₂e), and partial Scope 3 emissions (1,524.48 tCO₂e) for FY2024. The data covers fuel and electricity usage across construction sites and offices, showcasing transparency in operational emissions. However, key gaps include the lack of a specified base year, GWP basis, and emission standards, which limits comparability. Additionally, third-party verification is absent, reducing data credibility. Scope 3 reporting, while present, is incomplete as it only covers specific categories. To improve, AME should establish a base year, adopt recognized standards like GHG Protocol, and seek external verification to enhance trust and alignment with global practices.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 1,808.28 tCO₂e 🟢 | |
| Scope2 | 1,053.02 tCO₂e 🟢 | |
| Scope3 | 1,524.48 tCO₂e (partial) 🟢 | Includes Categories 3, 6, and 7 ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Operational control (construction sites, corporate offices, sales galleries)
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Direct measurement of fuel and electricity consumption
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 1.5% diesel reduction 🟢
- 620.05 tonnes waste diverted 🟢
- EV charging points 🌞
- Cycling paths introduced 🌱
Social Highlights
- RM430,992.07 community investment 🥗
- 40 beneficiaries 🥗
- 59 blood donors 🥗
- RM50,000 cultural sponsorship 🥗
- RM28,477 parade sponsorship 🥗
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Positive Strides in ESG Reporting 🟢. AME Elite Consortium Berhad’s 2024 integrated sustainability report offers a solid foundation with quantifiable metrics such as Scope 1, 2, and partial Scope 3 emissions, waste diversion (620.05 tonnes), and community investment (RM430,992.07). The inclusion of energy consumption data and social initiatives like blood donation campaigns reflects measurable outcomes. However, critical gaps exist ⚠️, including the absence of third-party verification for GHG data and lack of forward-looking commitments like net-zero targets. Some sections, such as environmental stewardship, rely on generic statements without specific timelines or impact forecasts. To strengthen future reports, AME could incorporate external validation, set clear sustainability goals, and provide deeper insights into governance disclosures like executive compensation. Overall, the report is promising but can evolve with more rigor and specificity.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.