MAYU GLOBAL GROUP BERHAD
Malaysia | 7099.KL | Main
Reference
Report Year: 2024
Source Files: MAYU-2024_Annual_Report.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Strategy Oversight 🟢
- Risk Evaluation 🟢
Reporting
UN SDGs, Bursa Malaysia MMLR, Integrated Report 🟢
GHG Accounting
MAYU Global Group Berhad's GHG accounting in the 2024 report lacks detailed data on emissions across Scope 1, 2, and 3. While the company acknowledges carbon emissions from fuel, refrigerants, electricity, and employee activities, no quantifiable figures or trends are provided. No base year, boundary, or GWP basis is specified, and the absence of a recognized standard like GHG Protocol or ISO 14064 limits transparency. Data collection approaches and third-party verification are also missing, which undermines credibility. A key improvement area is to establish a structured GHG inventory with absolute emission figures, adopt a globally recognized standard, and pursue external assurance for data reliability. Enhancing these aspects will strengthen stakeholder trust and align with Malaysia's 2030 GHG reduction targets.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not specified ⚠️ | Scope 1 emissions data not explicitly reported. |
| Scope2 | Not specified ⚠️ | Scope 2 emissions data not explicitly reported. |
| Scope3 | Not specified ⚠️ | Scope 3 emissions data not explicitly reported. |
| 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 ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Energy Optimization 🟢
- 1,000 tonnes waste diverted 🟢
- Energy Management 🌞
- 3R Concept 🌱
Social Highlights
- MYR 5,200 for 3 beneficiaries 🥗
- 1 employee trained on safety 🟢
- 174-345 training hours 🟢
- Internships for students 🥗
- Donations to schools 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initiative by MAYU Global Group Berhad in integrating sustainability into their 2024 Annual Report 🟢. The report highlights a structured governance framework with a Sustainability Committee and alignment with UN SDGs and Bursa Malaysia requirements. Quantifiable actions, such as MYR 5,200 community investment and 1,000 tonnes of waste diverted, reflect a commitment to measurable outcomes. However, the report falls short in GHG emissions reporting, lacking specific data for Scopes 1, 2, and 3, and missing third-party verification ⚠️. Forward-looking commitments, like Malaysia’s 2030 GHG reduction target, are noted, but company-specific targets are vague. Generic statements, such as 'commitment to sustainability,' lack supporting evidence. To improve, MAYU should provide detailed emissions data, adopt recognized GHG standards, and set clear, time-bound sustainability goals. This would enhance transparency and stakeholder trust.
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