PTT SYNERGY GROUP BERHAD
Malaysia | 7010.KL | Main
Reference
Report Year: 2024
Source Files: PTT_-_Annual_Report_2024.md
Sustainability Committee
Sustainability Working Committee (Unknown pax) 🟢
- Headed by MD 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
PTT Synergy Group Berhad's sustainability report for 2024 lacks any specific data on GHG emissions across Scope 1, 2, and 3, which is a significant gap in their environmental accountability. There is no mention of a base year, boundary inventory, or third-party verification, limiting the credibility of their environmental impact assessment. While the report emphasizes water and waste management, the absence of carbon accounting data hinders a comprehensive evaluation of their climate efforts. To improve, PTT should prioritize establishing a GHG inventory, adopt recognized standards like the GHG Protocol, and seek third-party verification to enhance transparency and stakeholder trust. Forward-looking commitments to emissions reduction targets would also strengthen their 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 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
- Not reported ⚠️
- Hazardous waste up 62% 🔴
- Tree mulching & silt traps 🟢
- Water browsers & rainwater harvesting 🌧️
- Reused water for cleaning 🌱
Social Highlights
- Safe environment for employees 🟢
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable focus on water and waste management is evident in PTT Synergy Group Berhad's 2024 sustainability report, with quantifiable metrics like a 20.6% reduction in water intensity and detailed waste tracking across sites 🟢. However, the report falls short in critical areas such as GHG emissions accounting, lacking data on Scope 1, 2, and 3 emissions, base years, or verification processes ⚠️. While forward-looking commitments to climate risks under SSP scenarios are noted, these lack specific, measurable targets. Generic statements about sustainability commitment are present but unsupported by comprehensive evidence. To enhance credibility, PTT should incorporate third-party verification, establish clear emissions reduction goals, and expand social impact reporting with measurable outcomes. Overall, the report provides a foundation but requires deeper specificity and transparency to meet global standards.
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