SUBUR TIASA HOLDINGS BERHAD
Malaysia | 6904.KL | Main
Reference
Report Year: 2024
Source Files: SUBUR_TIASA_ANNUAL_REPORT-PART_1.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia ESG Reporting Platform, Integrated Report 🟢
GHG Accounting
Subur Tiasa Holdings Berhad's sustainability report for FY2023 lacks detailed GHG accounting data, with no specific figures for Scope 1, 2, or 3 emissions. The report mentions a general commitment to reducing greenhouse gas emissions through energy-saving measures and renewable energy adoption, such as solar power. However, the absence of quantifiable emission metrics and verification status limits transparency. Key areas like base year, boundary, and GWP basis are unspecified, hindering a comprehensive assessment. The company should focus on establishing a robust GHG inventory, adopting recognized standards like GHG Protocol, and seeking third-party verification to enhance credibility and align with global reporting expectations.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided in the report. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided in the report. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided in the report. |
| 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 verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Solar power adoption (6 panels in 2023) 🌞
- Energy-saving LED lighting 🌱
- Energy-efficient air-conditioning units 🌱
- Reduced chemical use via IPM 🟢
Social Highlights
- 286 employees trained 🟢
- MYR 678,309 community investment 🥗
- 57 beneficiaries in communities 🥗
- 149 employees trained on safety 🟢
- Local job opportunities prioritized 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable efforts by Subur Tiasa Holdings Berhad in integrating sustainability into their FY2023 report 🟢. The report highlights quantifiable actions such as solar panel installations (6 in 2023), employee training (286 trained), and community investments (MYR 678,309), showcasing measurable social and environmental impacts. However, the absence of detailed GHG emission data and third-party verification limits transparency ⚠️. While forward-looking commitments like obtaining independent assurance within five years are noted, the report contains generic statements on sustainability without sufficient evidence of outcomes. To improve, the company should incorporate specific emission metrics, adopt global frameworks like GRI or TCFD, and prioritize verification. Overall, the report provides a foundation but could benefit from deeper data-driven insights and measurable targets for future sustainability goals.
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