AHMAD ZAKI RESOURCES BERHAD
Malaysia | 7078.KL | Main
Reference
Report Year: 2024
Source Files: AZRB_AR2024_Part_2.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Coordinates strategy implementation 🟢
- Regular reporting to Board 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
AHMAD ZAKI RESOURCES BERHAD has initiated efforts in GHG emissions reporting for Scopes 1, 2, and 3 in FYE 2024, with defined boundaries covering HQ, project sites, O&G, and property divisions. The company tracks fuel and energy consumption as a foundational step toward emissions inventory. However, absolute emission figures are not quantified, and critical details such as base year, GWP basis, and accounting standards are missing. Additionally, third-party verification is not mentioned, reducing data credibility. While green building initiatives and environmental impact assessments show commitment, the lack of specific, measurable GHG data limits transparency. Improvement is needed in adopting a recognized standard (e.g., GHG Protocol), setting a base year, and pursuing verification to enhance reporting robustness.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Reported 🟢 | Specific data for FYE 2024 not quantified in absolute terms. |
| Scope2 | Reported 🟢 | Specific data for FYE 2024 not quantified in absolute terms. |
| Scope3 | Reported 🟢 | Specific data for FYE 2024 not quantified in absolute terms. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Defined boundaries 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Consumption tracking 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- GBI-certified buildings 🟢
- Recycling programs 🟢
- Green Terramesh System 🌱
- Soil repurposing 🌱
Social Highlights
- 24 training sessions 🟢
- 42% water reduction 🟢
- Free health screenings 🥗
- Community contributions 🥗
- Limited data available ⚠️ (Insufficient quantifiable social impact data reported.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable foundation in sustainability reporting by AHMAD ZAKI RESOURCES BERHAD 🟢, with a structured approach using the GRI framework and an integrated report format. The report highlights quantifiable actions such as a 42% reduction in water use at HQ and 24 annual training sessions for employees, reflecting measurable outcomes. Initiatives like GBI-certified buildings and the Green Terramesh System demonstrate environmental commitment. However, significant gaps exist ⚠️, particularly in GHG accounting, where absolute emission data, base year, and verification are missing. Social impact data is also limited, lacking depth in measurable community outcomes. Forward-looking commitments are vague, with no specific targets like net-zero timelines. The report could benefit from third-party verification, detailed GHG metrics, and clearer forecasting. Overall, it provides a solid start but needs more specificity and evidence to avoid generic statements.
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