PADINI HOLDINGS BERHAD
Malaysia | 7052.KL | Main
Reference
Report Year: 2024
Source Files: Padini_IAR_2024_(Part_1).md, Padini_IAR_2024_(Part_2).md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Policy formulation 🟢
- Initiative monitoring 🟢
Reporting
GRI, Separate Report 🟢
GHG Accounting
PADINI HOLDINGS BERHAD's GHG accounting efforts are at an early stage. The report mentions a commitment to reducing greenhouse gas emissions through initiatives like solar system installation (offsetting 3,276 tonnes of CO₂e) and eco-friendly product procurement. However, quantifiable data on Scope 1, 2, and 3 emissions is absent, with no base year, boundary, or standard specified. The company is in the process of sourcing data to quantify environmental impact, which is a positive step. Key improvements needed include comprehensive GHG inventory reporting, adoption of recognized standards like GHG Protocol, and third-party verification to enhance credibility. Without specific metrics, assessing the true impact of their efforts remains challenging.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No specific data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No specific 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: In progress ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 3,276 tCO₂e offset via solar 🌞
- Recycling campaigns 🟢
- LED lighting adoption 🌱
- Eco-friendly materials 🌱
Social Highlights
- Employment for PWD 🥗
- Staff training for inclusion 🥗
- Employee volunteering 🥗
- Sign language training 🥗
- Enhanced diversity 🥗
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable initial steps by PADINI HOLDINGS BERHAD in their 2024 sustainability report 🟢. The report highlights a clear commitment to environmental and social goals through initiatives like solar installation (offsetting 3,276 tCO₂e) and inclusive employment programs for Persons with Disabilities. However, quantifiable outcomes are limited ⚠️, especially in GHG accounting, where specific Scope 1, 2, and 3 data are absent. While forward-looking statements like exploring data collection for emissions are promising, the report relies on generic commitments such as 'promoting sustainability' without measurable evidence. To strengthen credibility, PADINI could incorporate detailed metrics, adopt international standards like GHG Protocol, and seek third-party verification. Enhancing transparency on governance aspects, such as salary disclosure, would also add value. Overall, the report provides a foundation but needs deeper data-driven insights to reflect true impact.
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