MALAYSIA SMELTING CORPORATION BERHAD
Malaysia | 5916.KL | Main
Reference
Report Year: 2023
Source Files: MSC_Annual_Report_2023_-_Part_1.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
Malaysia Smelting Corporation Berhad (MSC) demonstrates a commitment to reducing its carbon footprint through energy management and renewable energy adoption, such as the installation of 1.26 MWp solar panels at its Pulau Indah facility. However, the report lacks detailed GHG accounting data, with no specific figures for Scope 1, 2, or 3 emissions, base year, or third-party verification status. While initiatives like switching to natural gas and waste heat recovery systems are promising, the absence of measurable outcomes limits transparency. MSC should focus on establishing a comprehensive GHG inventory, adopting recognized standards like the GHG Protocol, and seeking third-party verification to enhance credibility and track progress toward its net-zero ambitions.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No specific data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No specific 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
- 5% electricity reduction target 🟢
- 1.26 MWp solar panels 🌞
- Switched to natural gas 🌱
- Waste heat recovery planned 🌞
Social Highlights
- Energy awareness programs 🟢
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable intent is evident in Malaysia Smelting Corporation Berhad's 2023 sustainability report, with a clear focus on achieving a net-zero carbon footprint and supporting Malaysia's carbon-neutral goal by 2050 🟢. The report highlights specific initiatives, such as the installation of 1.26 MWp solar panels and a targeted 5% reduction in electricity consumption, which are positive steps. However, the lack of quantifiable outcomes and detailed GHG emissions data (Scopes 1, 2, and 3) significantly limits transparency ⚠️. Additionally, the absence of forward-looking commitments with specific timelines or third-party verification reduces the report's credibility. While partnerships with institutions like UTAR and NUS for greener practices are promising, the report often relies on generic statements like 'committed to sustainability' without measurable evidence. MSC could benefit from adopting recognized reporting frameworks like GRI or TCFD, providing detailed emissions data, and incorporating verified metrics to strengthen future reports.
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