PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD
Malaysia | 5436.KL | Main
Reference
Report Year: 2024
Source Files: PERSTIM_-_Annual_Report_2024.pdf
Sustainability Committee
Sustainability Management Committee 🟢
- Material topics reviewed 🟢
Reporting
Bursa Malaysia ESG Guide, Integrated Report 🟢
GHG Accounting
PERSTIMA's sustainability report for 2024 lacks detailed information on GHG accounting. There is no data provided for Scope 1, Scope 2, or Scope 3 emissions, nor are there mentions of a base year, boundary, or inventory for emissions tracking. Additionally, critical elements such as GWP basis, standards used, data collection approaches, and third-party verification are absent. This represents a significant gap in transparency and accountability. To improve, the company should prioritize establishing a comprehensive GHG inventory, adopt recognized standards like the GHG Protocol, and consider third-party verification to enhance credibility. Setting clear reduction targets with measurable outcomes would also strengthen their environmental reporting.
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 specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No data available ⚠️
- No data available ⚠️
- No data available ⚠️
- No data available ⚠️
Social Highlights
- No data available ⚠️ (Limited data available on social initiatives.)
- No data available ⚠️ (Limited data available on social initiatives.)
- No data available ⚠️ (Limited data available on social initiatives.)
- No data available ⚠️ (Limited data available on social initiatives.)
- No data available ⚠️ (Limited data available on social initiatives.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in PERSTIMA's 2024 sustainability report. While the report acknowledges the importance of sustainability and mentions a materiality assessment process guided by the Bursa Malaysia ESG Guide 🟢, it falls short in providing quantifiable actions or measurable outcomes. There are no specific metrics on emissions, social impact, or environmental initiatives, and the content remains largely procedural with generic references to stakeholder engagement and prioritization of topics. The absence of forward-looking commitments or targets, such as net-zero goals, further limits the report's depth ⚠️. To enhance future reports, PERSTIMA should focus on incorporating specific data (e.g., emission reductions, social program impacts), adopt international frameworks like GRI or TCFD, and outline clear sustainability targets. Third-party verification would also add credibility to their disclosures.
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