AXIATA GROUP BERHAD
Malaysia | 6888.KL | Main
Reference
Report Year: 2023
Source Files: Axiata_IAR2023.md
Sustainability Committee
Board Sustainability Committee 🟢
- 10 meetings 🟢
- SBTi targets approved 🟢
- Net-Zero roadmap reviewed 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
Axiata Group Berhad demonstrates a commitment to GHG accounting through alignment with the GHG Protocol and ongoing efforts to establish a decarbonization pathway with SBTi validation. The report mentions progress updates on Scope 1, 2, and 3 emissions, alongside a Net-Zero Carbon Roadmap targeting net-zero by 2050. However, specific emission figures for 2023 are absent, limiting transparency. Third-party verification by PwC provides limited assurance on selected data, which is a strength. Improvements are needed in disclosing detailed emission data, defining boundaries, and specifying data collection methods to enhance credibility and accountability in their climate action journey.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not specified ⚠️ | Specific Scope 1 data for 2023 not detailed in the report. |
| Scope2 | Not specified ⚠️ | Specific Scope 2 data for 2023 not detailed in the report. |
| Scope3 | Not specified ⚠️ | Specific Scope 3 data for 2023 not detailed in the report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Under review ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: GHG Protocol 🟢
- Third party verification: Partial (Limited Assurance by PwC) 🟢
- Carbon intensity: Not specified ⚠️
Efforts
- Baseline review for SBTi 🟢
- Net-Zero roadmap progress 🌞
Social Highlights
- 13,400+ people impacted 🥗
- 0.61M jobs supported 🥗
- USD 8.71B GDP contribution 🥗
- 43 start-ups funded 🥗
- Limited data available ⚠️ (Additional measurable social impacts not detailed.)
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: Can't find ⚠️
Report Quality
Commendable framework integration is evident in Axiata Group Berhad's 2023 Integrated Annual Report, with a strong focus on ESG alignment and the use of established frameworks like GRI and TCFD 🟢. The presence of a Board Sustainability Committee and quantifiable actions, such as holding 10 meetings and impacting over 13,400 people through foundation initiatives, reflect a structured approach. Forward-looking commitments, including the Net-Zero Carbon Roadmap targeting 2050, are promising 🟢. However, the report falls short on specific GHG emission data and detailed metrics for carbon intensity or waste reduction, relying on generic statements like 'progress updates' ⚠️. To strengthen credibility, Axiata could incorporate comprehensive emission figures, enhance third-party verification scope, and provide more measurable outcomes for social and environmental initiatives. Overall, the report provides a solid foundation but could benefit from greater transparency and specificity.
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