MCE HOLDINGS BERHAD
Malaysia | 7004.KL | Main
Reference
Report Year: 2024
Source Files: MCE_AR2024__(Bursa)_Part_1.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
MCE Holdings Berhad's sustainability report for 2024 lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, nor mention of a base year, boundary, or inventory. Key elements such as GWP basis, standards (e.g., GHG Protocol), data collection approaches, and third-party verification are absent. While the report highlights a focus on reducing power wastage, it does not translate into quantifiable emission reductions. A significant gap is the absence of carbon footprint metrics, which limits the ability to assess environmental impact. To improve, MCE should establish a comprehensive GHG inventory, adopt recognized standards, and seek third-party verification for credibility.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 1% power wastage reduction 🟢
- Waste segregation implemented 🟢
- 83% LED lighting 🌞
- 49% LED Exit Signs 🌞
Social Highlights
- Social activities organized 🥗
- Employee training programs 🟢
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Constructive Foundation 🟢. MCE Holdings Berhad's 2024 sustainability report provides a starting point with its focus on ESG frameworks and materiality assessments. The integration of sustainability into operations via four pillars is a positive step. However, the report lacks quantifiable actions and measurable outcomes ⚠️, particularly in GHG emissions data, where no specific metrics or verification are provided. Generic statements like 'reduce carbon footprint' are present but unsupported by evidence or targets. Forward-looking commitments, such as the 2025 focus on environmental management, are noted but lack specificity. To enhance credibility, MCE should include detailed metrics, adopt recognized reporting frameworks like GRI or TCFD, and incorporate third-party verification. This would transform the report from a conceptual outline into a robust tool for stakeholder accountability.
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