APB RESOURCES BERHAD
Malaysia | 5568.KL | Main
Reference
Report Year: 2024
Source Files: APB_-_Annual_Report_2024_-_(to_Bursa)_-_Part_2.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
GRI, Integrated Report 🟢
GHG Accounting
APB Resources Berhad demonstrates a commitment to monitoring greenhouse gas (GHG) emissions, focusing on fuel consumption and electricity usage relative to sales revenue. Strengths include reporting carbon intensity metrics per RM1,000,000 of sales, which provides a relative measure of environmental impact. However, the report lacks absolute emission figures for Scope 1 and Scope 2, and Scope 3 emissions are entirely unreported. Improvements needed include adopting absolute emission reporting, defining base years, specifying boundaries, and adhering to recognized standards like GHG Protocol. Third-party verification is also absent, which could enhance credibility. Overall, while the intent to reduce environmental footprint is evident, more detailed and standardized GHG accounting is crucial for comprehensive sustainability tracking.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not specified ⚠️ | Specific Scope 1 data not detailed in absolute terms. |
| Scope2 | Not specified ⚠️ | Specific Scope 2 data not detailed in absolute terms. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not mentioned in the report. |
| 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
Efforts
- 25% electricity bill saving with solar 🌞
- Recycled packing materials 🟢
- Adopted solar energy solutions 🌞
- Switched to LED lighting 🌱
Social Highlights
- 3,281 training hours 🟢
- 838 safety training hours 🟢
- LTI rate of 0.6 🟢
- Internships for students 🥗
- Employed handicapped staff 🥗
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable efforts by APB Resources Berhad in integrating sustainability into their annual report with reference to GRI standards 🟢. The report provides quantifiable actions such as carbon intensity metrics per sales revenue, training hours (3,281 over three years), and a low LTI rate of 0.6 at AMC Gebeng. Measurable outcomes in energy efficiency, like a 25% electricity bill saving via solar panels, are notable strengths. However, the report lacks depth in GHG accounting, with no absolute emission data or third-party verification ⚠️. Forward-looking commitments are vague, with general statements like 'transition to a low-carbon future' lacking specific targets. To improve, APB should incorporate detailed emission data, adopt standardized GHG protocols, and set clear, time-bound sustainability goals. Overall, the report lays a solid foundation but could benefit from greater specificity and accountability.
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