PWF CORPORATION BERHAD
Malaysia | 7134.KL | Main
Reference
Report Year: 2023
Source Files: PWF_AR2023.md
Sustainability Committee
Sustainability Oversight by Audit Committee 🟢
- Strategy oversight 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
PWF Corporation Berhad's sustainability report for 2023 lacks detailed GHG accounting data. There is no reporting on Scope 1, 2, or 3 emissions, base year, or carbon intensity metrics, which are critical for assessing environmental impact. Additionally, key details such as boundary, inventory, GWP basis, and data collection methods are absent. No third-party verification was conducted, reducing the credibility of the reported information. A significant improvement would be to establish a comprehensive GHG inventory, adopt international standards like the GHG Protocol, and include measurable emission reduction targets. Engaging external assurance could further enhance transparency and stakeholder trust in the reported data.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No 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 ⚠️
- Third party verification: Not conducted ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No data ⚠️
- No data ⚠️
- No data ⚠️
- No data ⚠️
Social Highlights
- Stakeholder engagement 🥗
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
- Limited data available ⚠️ (Insufficient quantifiable social impact data.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in PWF Corporation Berhad’s 2023 sustainability report. While the report demonstrates a commitment to sustainability through alignment with Bursa Malaysia’s guidelines 🟢, it falls short in providing quantifiable actions and measurable outcomes. Key areas such as GHG emissions, waste reduction, and social impact lack specific metrics or verifiable data ⚠️. The absence of forward-looking commitments, such as emission reduction targets or net-zero goals, limits the report’s strategic value. Additionally, the lack of third-party verification reduces credibility. The content often remains generic, with statements about sustainability risks and goals lacking evidence of implementation. To enhance future reports, the company could incorporate specific, measurable data, adopt international frameworks like GRI or TCFD, and engage external assurance for transparency. This would provide stakeholders with a clearer picture of the company’s sustainability performance.
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