OCB BERHAD
Malaysia | 5533.KL | Main
Reference
Report Year: 2022
Source Files: OCB_Berhad_Annual_Report_2022.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Board oversight 🟢
- RMEC evaluation 🟢
- RMSWG management 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
OCB BERHAD's GHG accounting in the 2022 report is significantly underdeveloped. No emissions data for Scope 1, 2, or 3 is reported, despite electricity consumption data (180 KW/M for Consumer Foods Division) being available, which could be converted to Scope 2 emissions. There is no mention of a base year, boundary, GWP basis, or adherence to standards like GHG Protocol. Third-party verification is absent, reducing data credibility. The report also lacks details on biogenic emissions, though this is not applicable as no biomass usage is mentioned. To improve, OCB should prioritize comprehensive GHG inventory development, adopt recognized standards, and seek external verification to enhance transparency and accountability in 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. Electricity consumption reported for Consumer Foods Division (180 KW/M in FYE 2022) but not converted to emissions. |
| 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 ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No efforts reported ⚠️
- Effluent treated via WWTP 🟢
- No adoption reported ⚠️
- No changes reported ⚠️
Social Highlights
- 98% local procurement 🟢
- 88% local procurement 🟢
- ESG training provided 🥗
- Community donations 🥗
- Educational visits hosted 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
OCB BERHAD's 2022 Sustainability Report provides a basic overview of sustainability efforts but lacks depth in critical areas 🟢⚠️. The report highlights quantifiable actions such as local procurement percentages (e.g., 98% for Consumer Foods) and electricity consumption data, which are commendable 🟢. However, it falls short on measurable outcomes for environmental impact, particularly GHG emissions, with no data on Scope 1, 2, or 3 reported ⚠️. Social initiatives like community donations and employee training are noted, but specifics on impact are limited. There are no forward-looking commitments or targets, such as net-zero goals, which weakens the strategic outlook ⚠️. Much of the content remains generic, with statements like 'committed to sustainability' lacking supporting evidence. To improve, OCB should incorporate detailed emissions data, adopt recognized frameworks like GRI, and set clear, time-bound sustainability targets for greater accountability 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.