MBM RESOURCES BHD
Malaysia | 5983.KL | Main
Reference
Report Year: 2023
Source Files: MBMR_ANNUAL_REPORT_2023.pdf, MBMR_SUSTAINABILITY_REPORT_2023.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Quarterly reporting 🟢
- Leadership Series 🟢
Reporting
Separate Report 🟢
GHG Accounting
MBM Resources BHD demonstrates a commitment to GHG accounting with detailed reporting of Scope 1 (1,717 tCO₂e) and Scope 2 (9,612 tCO₂e) emissions for 2023, totaling 11,329 tCO₂e. Strengths include the use of IPCC Guidelines for emission factors and a standardized data collection methodology, alongside limited third-party assurance for selected indicators. However, Scope 3 emissions are not reported, limiting the completeness of the GHG inventory. Additionally, the base year is not specified, and Scope 1 excludes courtesy vehicle emissions, which will be addressed in 2024. Improvements needed include expanding to Scope 3 reporting, clarifying the verification scope, and establishing a base year for tracking progress. Overall, a solid foundation exists, but broader coverage is essential for comprehensive accounting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 1,717 tCO₂e 🟢 | Does not include courtesy vehicle emissions ⚠️ |
| Scope2 | 9,612 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not included in report ⚠️ |
Other Details
Efforts
- 330 kWp solar panels 🌞
- Recycling programs 🟢
- Inverter air compressors 🌱
- Energy-efficient lighting 🌞
Social Highlights
- Zero fatalities 🟢
- 2,180 employees 🥗
- Grievance procedure 🟢
- Customer surveys 🥗
- Scholarship program 🥗
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable foundation in sustainability reporting by MBM Resources BHD for 2023 🟢. The report offers quantifiable metrics such as Scope 1 and 2 emissions (1,717 and 9,612 tCO₂e respectively), energy consumption data, and social impact numbers like zero workplace fatalities. The inclusion of limited third-party assurance adds credibility to selected indicators. However, there are notable gaps ⚠️: Scope 3 emissions are absent, the base year for GHG tracking is unspecified, and forward-looking commitments (e.g., net-zero targets) are limited or vague. While initiatives like solar panel installations (330 kWp) are highlighted, some content remains generic, lacking deeper measurable outcomes or specific timelines. Suggestions for improvement include incorporating Scope 3 data, setting clear future targets, and expanding verification scope. Overall, the report provides a solid base but could benefit from enhanced depth and specificity.
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