PLB ENGINEERING BERHAD
Malaysia | 7055.KL | Main
Reference
Report Year: 2024
Source Files: PLB_Engineering_Berhad_-_Annual_Report_2024.md
Sustainability Committee
Sustainability Steering Committee (Members Unknown) 🟢
- Half-yearly reviews 🟢
Reporting
GRI, UNSDGs, Integrated Report 🟢
GHG Accounting
PLB Engineering Berhad demonstrates a commitment to tracking GHG emissions across Scope 1, 2, and 3, with reported carbon intensity metrics of 0.19 tCO₂e/m² and 1.57 tCO₂e/RM million for FY2024. A strength lies in their internal data verification by the Sustainability Steering Committee, ensuring some level of accuracy. However, the absence of absolute emission figures, a defined base year, and specified standards (e.g., GHG Protocol) limits transparency. Additionally, third-party verification is lacking, which could enhance credibility. Improvements are needed in adopting recognized standards, disclosing absolute emission data, and engaging external auditors for validation. This would align their reporting with industry best practices and provide stakeholders with a clearer picture of their environmental impact.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Reported 🟢 | Specific data not provided in absolute terms. |
| Scope2 | Reported 🟢 | Specific data not provided in absolute terms. |
| Scope3 | Reported 🟢 | Specific data not provided in absolute terms. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Operational control 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: 0.19 tCO₂e/m², 1.57 tCO₂e/RM million 🟢
Efforts
- 33,299 MWh clean energy 🟢
- 400% increase in recycling 🟢
- LED lighting adopted 🌞
- Solar panel integration planned 🌱
Social Highlights
- 714.75 training hours 🟢
- RM91,138 to 27 beneficiaries 🥗
- 100% return-to-work rate 🟢
- 3 interns supported 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: 1 dispute case, 2024 🔴
Report Quality
Commendable Foundation in PLB Engineering Berhad's 2024 sustainability report, with a clear focus on integrating sustainability into their operations 🟢. The report excels in providing quantifiable metrics such as carbon intensity (0.19 tCO₂e/m²), clean energy generation (33,299 MWh), and social contributions (RM91,138 to 27 beneficiaries), which reflect measurable outcomes. Their alignment with GRI standards and forward-looking commitments, like incorporating solar panels by FY2025, demonstrate proactive planning 🟢. However, the report falls short in areas like absolute GHG emission data and third-party verification, relying instead on internal processes ⚠️. Generic statements about 'commitment to sustainability' lack specific evidence in some sections. To enhance credibility, PLB could adopt recognized GHG accounting standards, disclose absolute emission figures, and engage external auditors for validation. Overall, this report provides a solid base but could benefit from deeper transparency and rigor.
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