MST GOLF GROUP BERHAD
Malaysia | 5316.KL | Main
Reference
Report Year: 2023
Source Files: MST_Golf_Group_Berhad_AR2023_Part_2.md
Sustainability Committee
Sustainability Working Committee (Members Unknown) 🟢
- Monthly meetings 🟢
- Quarterly Board reports 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
MST Golf has initiated GHG accounting in 2023, establishing it as the baseline year with a focus on Scope 1 (104.9 tCO₂e) and Scope 2 (673.7 tCO₂e) emissions from fuel and electricity usage, and partial Scope 3 (819.7 tCO₂e) coverage. Strengths include adherence to the GHG Protocol and IPCC standards, providing a structured start. However, data limitations exist, especially in Scope 3 (underreported categories) and lack of third-party verification. Improvements are needed in expanding Scope 3 data collection and verifying emissions to enhance credibility. The company plans to set reduction targets for 2024 onwards, which is a positive step towards accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 104.9 tCO₂e 🟢 | |
| Scope2 | 673.7 tCO₂e 🟢 | |
| Scope3 | 819.7 tCO₂e 🟢 | Limited to waste, business travel, employee commuting; underrepresented ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2023
- Boundary inventory: Operational control consolidation approach
- Gwp basis: IPCC Fourth Assessment Report (AR4), 2007
- Standard: GHG Protocol
- Data collection approach: Fuel usage for Scope 1, electricity bills for Scope 2 (consumption/spend-based), surveys for Scope 3
- Third party verification: Not verified ⚠️
- Carbon intensity: 0.02059 tCO₂e/m², not verified ⚠️
Efforts
- Reduction plans for 2024 🟢
- 5.93 tons recycled 🟢
- Solar panel exploration 🌞
- Reusable packaging adopted 🌱
Social Highlights
- 596 employees trained 🟢
- 109 individuals benefited 🥗
- 385.7 kg waste collected 🟢
- 11 athletes trained 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: No ongoing litigation 🟢
Report Quality
Commendable initial effort by MST Golf in their 2023 sustainability report, with a strong foundation in establishing baseline GHG emissions data and integrating sustainability into governance structures 🟢. The report includes quantifiable actions like waste recycling (5.93 tons) and employee training (596 participants), reflecting a commitment to measurable outcomes. However, gaps exist in the lack of third-party verification for emissions data and limited Scope 3 reporting, which reduces credibility ⚠️. Forward-looking commitments, such as emission reduction targets for 2024, are promising but lack specificity. Generic statements about 'sustainability transformation' could be supported by more concrete evidence. MST Golf could enhance the report by incorporating third-party verification, expanding Scope 3 data, and detailing specific reduction strategies. Overall, this report provides a solid start but has room for deeper impact and transparency.
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.