CPE TECHNOLOGY BERHAD
Malaysia | 5317.KL | Main
Reference
Report Year: 2024
Source Files: CPE_-_Annual_Report_2024.pdf
Sustainability Committee
ESG Working Group Formed 🟢
- Led by Executive Director 🟢
- Cross-functional team 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
CPE Technology Berhad's 2024 sustainability report lacks comprehensive data on GHG emissions accounting. No Scope 1, 2, or 3 emissions are reported, and critical details such as base year, boundary, GWP basis, and verification status are missing. While the report acknowledges environmental concerns like energy and waste management as material matters, there is no quantifiable evidence of emissions tracking or reduction efforts. A significant gap is the absence of a recognized standard like the GHG Protocol. To improve, the company should prioritize establishing a structured GHG inventory, adopt international frameworks, and seek third-party verification to enhance credibility and transparency in future reports.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| 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 reported ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
Social Highlights
- Full compliance with SHE regulations 🟢
- Bicycle program for employees 🥗
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in CPE Technology Berhad's 2024 sustainability report. The report establishes a governance structure with the ESG Working Group, which is a positive step 🟢. However, it falls short on quantifiable actions and measurable outcomes, particularly in GHG emissions and environmental impact areas ⚠️. Generic statements about sustainability priorities lack supporting data or evidence, such as specific metrics for energy or waste management. There are no forward-looking commitments or targets, such as net-zero goals, to guide future efforts. To enhance credibility, the company should incorporate third-party verification, adopt recognized frameworks like GRI or TCFD, and provide detailed metrics on emissions and social initiatives. Overall, the report provides a foundation but needs significant depth to meet best practices in sustainability reporting.
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