SUPERMAX CORPORATION BERHAD
Malaysia | 7106.KL | Main
Reference
Report Year: 2024
Source Files: Supermax_-_Annual_Report_2024.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Board oversight 🟢
- ESG Committee active 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
Supermax demonstrates a committed approach to GHG accounting with detailed Scope 1 (8.79M tCO₂e) and Scope 2 (55K tCO₂e) data for 2024, alongside initial Scope 3 tracking (21.66 tCO₂e) for business travel and commuting. A 48.7% reduction in Scope 1 emissions since 2022 highlights efficiency gains from facility consolidation. However, the lack of third-party verification undermines data credibility. Scope 3 reporting is limited, missing broader supply chain impacts. To improve, Supermax should expand Scope 3 boundaries, pursue external assurance for credibility, and clarify the GHG standard used. Targets like carbon neutrality by 2030 are ambitious but need detailed action plans to ensure achievability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 8,786,055 tCO₂e 🟢 | |
| Scope2 | 55,047 tCO₂e 🟢 | |
| Scope3 | 21.66 tCO₂e 🟢 | Limited to business travel and commuting |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: 2022
- Boundary inventory: Includes operations in Malaysia, USA, Brazil, Canada, Ireland, UK, Hong Kong, Singapore, Japan
- Gwp basis: DEFRA emission factors
- Standard: Not specified
- Data collection approach: Internal tracking and monitoring
- Third party verification: Not verified ⚠️
- Carbon intensity: 50.17 kg CO₂e/unit, not verified ⚠️
Efforts
- 48.7% Scope 1 reduction 🟢
- 8,755 MT waste recycled 🟢
- LED lighting adopted 🌞
- Operational consolidation 🌱
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable effort by Supermax in their 2024 integrated sustainability report 🟢. The report offers quantifiable metrics such as a 48.7% Scope 1 emission reduction and 8,755 MT of waste recycled, showcasing measurable outcomes. Forward-looking commitments like carbon neutrality by 2030 and net-zero by 2050 are promising, aligning with global goals. However, generic statements like 'committed to sustainability' lack specific evidence or detailed action plans ⚠️. The absence of third-party verification for GHG data reduces credibility, and limited Scope 3 reporting misses broader impacts. To enhance future reports, Supermax could incorporate external assurance, expand Scope 3 boundaries, and provide clearer roadmaps for targets. Overall, the report provides a solid foundation but could benefit from deeper specificity and validation to strengthen stakeholder trust.
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