ARK RESOURCES HOLDINGS BERHAD
Malaysia | 7007.KL | Main
Reference
Report Year: 2023
Source Files: ARK_Resources_Holdings_Berhad_-_Annual_Report_2023.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
ARK Resources Holdings Berhad's sustainability report for 2023 lacks detailed information on GHG accounting. There is no reporting on Scope 1, 2, or 3 emissions, nor any mention of a base year, boundary, or inventory for emissions tracking. Additionally, critical elements such as GWP basis, standards (e.g., GHG Protocol), data collection methods, and third-party verification are absent. While the report expresses a commitment to sustainable operations, it falls short in providing quantifiable data or measurable outcomes for environmental impact. A key improvement would be to establish a comprehensive GHG inventory with detailed emissions data and pursue third-party verification to enhance 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 ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Social Highlights
- Limited data available ⚠️
- 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 ARK Resources Holdings Berhad's 2023 sustainability report. While the report expresses a general commitment to sustainability and alignment with Malaysia's sustainability agenda, it lacks quantifiable actions and measurable outcomes ⚠️. There are no specific metrics on emissions, waste reduction, or social impact initiatives, and critical details such as GHG accounting frameworks or third-party verification are missing. Additionally, the absence of forward-looking commitments or targets (e.g., net-zero goals) limits the report's depth. The content remains largely generic, with statements like 'transition into more sustainable operations' lacking supporting evidence. To enhance future reports, ARK could include specific data on environmental and social impacts, adopt recognized frameworks like GRI or TCFD, and outline clear, time-bound sustainability targets 🟢. Incorporating third-party verification would also strengthen credibility and transparency.
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