GLOBETRONICS TECHNOLOGY BERHAD
Malaysia | 7022.KL | Main
Reference
Report Year: 2023
Source Files:
Sustainability Committee
Sustainability Steering Committee (Members Unknown) 🟢
- Regular updates to management 🟢
- Manages EESG subcommittees 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
Globetronics Technology Bhd's GHG accounting efforts are underdeveloped in the 2023 report. No data is provided for Scope 1, 2, or 3 emissions, and key details such as base year, boundary, GWP basis, and data collection approach are missing. While the report mentions a focus on energy and GHG emission management as a material matter, there are no quantifiable metrics or targets to assess progress. A positive note is the limited assurance on specific key indicators, suggesting some level of oversight. To improve, the company should establish a comprehensive GHG inventory, adopt a recognized standard like the GHG Protocol, set a base year, and report absolute emission figures with third-party verification for transparency and 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 specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Limited assurance on key indicators 🟢
- Carbon intensity: Not reported ⚠️
Efforts
- Energy & GHG management focus 🟢
- 4Rs Program implemented 🟢
- Renewable energy focus 🌞
- Industry 4.0 implementation 🌱
Social Highlights
- Festive celebrations hosted 🥗
- EHS team for safety 🟢
- Safety training provided 🟢
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Room for Improvement in Globetronics Technology Bhd's 2023 sustainability report. While the report highlights a governance structure with a Sustainability Steering Committee and subcommittees for EESG segments 🟢, it lacks depth in quantifiable actions and measurable outcomes. Material matters like energy and GHG emissions are identified, but no specific data or targets are provided ⚠️. Social initiatives, such as cultural celebrations and safety commitments, are noted, but lack impact numbers. Forward-looking commitments or forecasts (e.g., net-zero targets) are absent. Much of the content remains generic, with statements like 'committed to sustainability' unsupported by evidence. To enhance credibility, the company should include specific metrics (e.g., emission reductions), adopt recognized frameworks like GRI, expand third-party verification beyond limited assurance, and outline clear, time-bound goals. This would transform a foundational report into a robust one.
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