METROD HOLDINGS BERHAD
Malaysia | 6149.KL | Main
Reference
Report Year: 2023
Source Files: Metrod_Annual_Report_2023_(final).pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Policy oversight 🟢
- Target monitoring 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
METROD HOLDINGS BERHAD has made commendable progress in reporting Scope 1 and Scope 2 emissions, totaling 34,296 tCO₂e in FY2023, with a notable reduction from previous years. The company provides detailed breakdowns, with 90% of Scope 1 emissions from copper manufacturing and 80% of Scope 2 from the same segment. Offsets via the Green Electricity Tariff (GET) program and solar power generation are positive steps. However, Scope 3 emissions are not reported, though planned for FY2024, and there is no third-party verification, which limits credibility. The absence of a specified base year or GWP basis also hinders comprehensive analysis. Improvements could include accelerating Scope 3 disclosure, adopting a recognized standard like GHG Protocol, and engaging external assurance for data reliability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 8,539 tCO₂e 🟢 | |
| Scope2 | 25,757 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 emissions disclosure planned for FY2024 |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Covers copper manufacturing and hospitality operations
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Internal data validation by information owners
- Third party verification: Not verified ⚠️
- Carbon intensity: Not specified ⚠️
Efforts
- 3,053 tCO₂e offset 🟢
- 2,098 tCO₂e abated 🟢
- 55% waste reduction 🟢
- 2,768 MWh solar energy 🌞
- GET program adoption 🌱
Social Highlights
- 303 employees trained 🟢
- RM 49,858 for 321 beneficiaries 🥗
- 20,215 training hours 🟢
- 27 blood donors 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable effort by METROD HOLDINGS BERHAD in their FY2023 sustainability report, with quantifiable metrics such as a 55% reduction in scheduled waste and detailed GHG emissions data for Scope 1 and 2 🟢. The inclusion of energy savings (1,940 MWh) and community investment (RM 49,858) demonstrates measurable outcomes. Forward-looking commitments, like Scope 3 disclosure in FY2024, are a positive step. However, the report has gaps ⚠️, including the lack of third-party verification and vague governance disclosures (e.g., no mention of executive salaries or litigation). Some statements, such as 'committed to sustainable practices,' lack supporting evidence. To enhance credibility, the company could incorporate external assurance, provide deeper governance insights, and set specific, time-bound targets for emissions reduction. Overall, the report provides a solid foundation but could benefit from greater specificity and validation.
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