NUENERGY HOLDINGS BERHAD
Malaysia | 5614.KL | Main
Reference
Report Year: 2023
Source Files: ILB_Group_-_Annual_Return_2023_Part_1.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Management Committee oversight 🟢
- ESG Working Group active 🟢
Reporting
Bursa Malaysia Guidelines, Integrated Report 🟢
GHG Accounting
NUENERGY HOLDINGS BERHAD's sustainability report for 2023 lacks detailed GHG accounting data. There are no specific figures or disclosures for Scope 1, 2, or 3 emissions, nor is there mention of a base year, boundary, or inventory details. The report does not specify the use of standards like GHG Protocol or ISO 14064, and there is no evidence of third-party verification. While the company expresses commitment to renewable energy and reducing carbon footprint through solar projects, the absence of measurable data limits transparency. To improve, NUENERGY should provide quantifiable emissions data, adopt recognized standards, and consider third-party verification to enhance credibility and accountability in their sustainability reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific data provided for Scope 1 emissions. |
| Scope2 | Not reported ⚠️ | No specific data provided for Scope 2 emissions. |
| Scope3 | Not reported ⚠️ | No specific data provided for Scope 3 emissions. |
| 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
- Renewable energy focus 🟢
- Solar energy expansion 🌞
- Government RE alignment 🌱
Social Highlights
- Stakeholder engagement 🥗
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable focus on renewable energy by NUENERGY HOLDINGS BERHAD in their 2023 integrated report 🟢. The company demonstrates a clear commitment to sustainability through its emphasis on solar energy and alignment with Malaysia’s renewable energy targets. However, the report lacks quantifiable actions and measurable outcomes ⚠️, particularly in GHG emissions data, with no specific figures for Scope 1, 2, or 3 emissions, nor evidence of third-party verification. While forward-looking commitments like supporting net-zero by 2050 are mentioned, they remain vague without concrete targets or timelines specific to the company. To strengthen future reports, NUENERGY should include detailed metrics on emissions, adopt recognized reporting frameworks like GRI or TCFD, and provide verifiable data to substantiate their sustainability claims. This would enhance transparency and stakeholder trust.
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.