FAJARBARU BUILDER GROUP BHD
Malaysia | 7047.KL | Main
Reference
Report Year: 2024
Source Files: FBG_Annual_Report_2024_(Part_1).pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Monthly meetings 🟢
- Quarterly SSC meetings 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
Fajarbaru Builder Group Bhd's GHG accounting in FYE 2024 is notably underdeveloped. No data on Scope 1, 2, or 3 emissions is reported, and critical elements such as base year, boundary, GWP basis, and verification status are absent. While the company conducted training on GHG inventory and reporting for management, this has not translated into tangible disclosures in the report. Significant improvement is needed in establishing a GHG inventory, adopting recognized standards like the GHG Protocol, and ensuring third-party verification for credibility. The lack of carbon intensity metrics further limits the ability to assess environmental performance relative to business output. Addressing these gaps will be essential for aligning with industry best practices and stakeholder expectations.
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 ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- BIM adoption 🌱
- ERP integration planned 🌱
- Local sourcing 🟢
Social Highlights
- 2,137 training hours 🟢
- 961 workers trained 🟢
- Weekly migrant worker meetings 🥗
- 0 human rights complaints 🟢
- Limited data available ⚠️ (Additional social impact metrics not provided.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable start by Fajarbaru Builder Group Bhd in embedding sustainability into its governance structure 🟢. The report highlights a clear sustainability framework, a dedicated committee, and training initiatives like GHG inventory workshops. However, the absence of quantifiable environmental data, particularly on GHG emissions and carbon intensity, significantly limits its depth ⚠️. Social initiatives, such as employee training (2,137 hours) and safety metrics (0 LTI), provide measurable outcomes, which is a strength 🟢. Governance disclosures, including anti-corruption training, are noted, but lack specifics on executive compensation transparency. Forward-looking commitments, like integrating ESG criteria into supply chain contracts, are promising but vague without timelines or targets ⚠️. The report could benefit from adopting recognized frameworks like GRI or TCFD, incorporating third-party verification, and providing detailed environmental metrics to enhance credibility and stakeholder trust.
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