MALTON BERHAD
Malaysia | 6181.KL | Main
Reference
Report Year: 2024
Source Files: Malton_AR2024_cover-pg_31.md, Malton_AR2024_pg_32-120.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Oversees ESG strategies 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
MALTON BERHAD's GHG accounting for 2024 demonstrates a commendable start with reporting across Scope 1 (132.64 tCO₂e), Scope 2 (601.76 tCO₂e), and Scope 3 (179.22 tCO₂e). The company has set a baseline for FY2024, which is a positive step for tracking future reductions. However, key details such as the GWP basis and accounting standard are missing, reducing transparency. Additionally, the lack of third-party verification raises concerns about data reliability. To strengthen their efforts, MALTON should consider independent audits and explicitly state adherence to standards like the GHG Protocol. This would enhance credibility and align with best practices in sustainability reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 132.64 tCO₂e 🟢 | |
| Scope2 | 601.76 tCO₂e 🟢 | |
| Scope3 | 179.22 tCO₂e 🟢 | |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2024 🟢
- Boundary inventory: Operational control 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Grid electricity adoption 🟢
- 730 tonnes waste managed 🟢
- Fuel-efficient equipment 🌞
- Green-certified projects 🌱
Social Highlights
- MYR 377,015 community investment 🟢
- 284 employees trained 🟢
- 15 beneficiaries supported 🥗
- 401 hours management training 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Positive Foundation in MALTON BERHAD's 2024 sustainability report with clear reporting on GHG emissions across all scopes and measurable social initiatives like MYR 377,015 community investment 🟢. The adoption of GRI and TCFD frameworks shows alignment with global standards. However, the report lacks depth in critical areas, such as third-party verification for emissions data and detailed forward-looking commitments ⚠️. Statements like 'committed to sustainability' remain vague without specific targets or timelines. To improve, MALTON should incorporate independent audits for data credibility, set quantifiable future goals (e.g., net-zero targets), and enhance transparency on governance disclosures like executive remuneration. Overall, the report provides a solid base but could benefit from more actionable and verified content to demonstrate long-term ESG impact.
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