KOMARKCORP BERHAD
Malaysia | 7017.KL | Main
Reference
Report Year: 2024
Source Files: Komarkcorp_-_Annual_Report_2024_Part_1.md
Sustainability Committee
Sustainability Steering Committee (Members Unknown) 🟢
- Strategy Development 🟢
- Performance Evaluation 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
KOMARKCORP BERHAD has made initial strides in GHG accounting by reporting Scope 1 and Scope 2 emissions for 2024, totaling 1,362.18 tCO₂e, with data sourced from fuel consumption and electricity bills. The use of the GHG Protocol as a standard is commendable. However, critical gaps remain, including the absence of Scope 3 emissions, a defined base year, and third-party verification, which limits the credibility of the data. The lack of carbon intensity metrics also hinders benchmarking. To strengthen their efforts, the company should expand reporting to include Scope 3, establish a base year for tracking reductions, and pursue external assurance for accuracy and transparency.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 70.12 tCO₂e 🟢 | |
| Scope2 | 1,292.06 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not included in the report ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Operational boundary defined 🟢
- Gwp basis: GHG Protocol 🟢
- Standard: GHG Protocol 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Solar panels installed 🌞
- LED lighting adopted 🌱
- Responsible waste disposal 🟢
Social Highlights
- 81 employees trained 🟢
- 1,930 training hours 🥗
- RM26,000 on training 🟢
- Zero fatalities 🟢
- Limited data available ⚠️ (Insufficient social impact metrics provided ⚠️)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initial steps are evident in KOMARKCORP BERHAD’s 2024 sustainability report, particularly with the inclusion of quantifiable metrics like Scope 1 and Scope 2 emissions (1,362.18 tCO₂e) and energy consumption data (2,440.52 MWh) 🟢. The report also highlights measurable social outcomes, such as 1,930 training hours for employees. However, there are notable gaps ⚠️, including the absence of Scope 3 emissions, third-party verification, and forward-looking commitments like net-zero targets. Much of the content remains generic, with statements on 'commitment to sustainability' lacking specific evidence or timelines. To improve, the company could incorporate external assurance for credibility, expand GHG reporting to include Scope 3, and set clear, measurable targets for future sustainability goals. Overall, the report provides a foundation but needs deeper detail and accountability.
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