B.I.G. INDUSTRIES BERHAD
Malaysia | 7005.KL | Main
Reference
Report Year: 2023
Source Files: Annual_Report_-2023.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Quarterly meetings 🟢
- Quarterly updates 🟢
Reporting
TCFD, Integrated Report 🟢
GHG Accounting
The GHG accounting efforts of B.I.G. INDUSTRIES BERHAD are currently underdeveloped. There is no reporting on Scope 1, Scope 2, or Scope 3 emissions, and critical details such as base year, boundary, and inventory are absent. Additionally, there is no mention of third-party verification or adherence to recognized standards like the GHG Protocol. The lack of quantifiable data and transparency hinders a comprehensive assessment of their environmental impact. To improve, the company should prioritize establishing a clear GHG inventory, adopt international reporting standards, and consider third-party verification to enhance credibility. Providing specific emission reduction targets and progress updates would also strengthen their sustainability profile.
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
- No efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
Social Highlights
- No initiatives reported ⚠️ (Limited data available on social impact activities.)
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in Sustainability Reporting ⚠️. The sustainability report of B.I.G. INDUSTRIES BERHAD for 2023 provides a basic framework by identifying material sustainability matters and aligning with TCFD recommendations. However, it lacks quantifiable actions and measurable outcomes, with no specific data on emissions, social impact, or governance disclosures. Generic statements about sustainability management are present, but they are not backed by evidence or forward-looking commitments like net-zero targets. To enhance the report's credibility, the company should include specific metrics (e.g., emission reductions), adopt third-party verification, and outline clear sustainability goals. Incorporating detailed social and environmental initiatives with measurable impacts would also strengthen stakeholder trust. Overall, the report offers a starting point but needs significant depth to meet best practices 🟢.
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