UMS HOLDINGS BERHAD
Malaysia | 7137.KL | Main
Reference
Report Year: 2024
Source Files: UMSH_-_Annual_Report_2024.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- RMSC oversight 🟢
- SWG support 🟢
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
UMS Holdings Berhad's sustainability report for FY2024 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 a comprehensive environmental impact assessment. While the company mentions a focus on energy management and climate change through renewable energy adoption, such as onsite solar panels, there are no quantifiable figures to evaluate progress. Third-party verification is also not mentioned, reducing credibility. Improvements are needed in establishing a clear GHG inventory with defined boundaries, adopting recognized standards like the GHG Protocol, and providing measurable emission data to enhance transparency and accountability in their sustainability journey.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 data not provided. |
| Scope2 | Not reported ⚠️ | Scope 2 data not provided. |
| Scope3 | Not reported ⚠️ | Scope 3 data not provided. |
Other Details
- Base year: Not reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No data ⚠️
- Waste policy adopted 🟢
- Solar panels adopted 🌞
- No data ⚠️
Social Highlights
- DEI Policy implemented 🟢
- Community engagement 🥗
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable initial steps by UMS Holdings Berhad in their FY2024 sustainability report 🟢, with the establishment of a governance structure including the Risk Management and Sustainability Committee and Sustainability Working Group. The report highlights efforts like adopting solar panels and formalizing a waste management policy. However, it falls short on quantifiable actions and measurable outcomes ⚠️, particularly in GHG emissions data, where no specific metrics or verification status are provided. Forward-looking commitments or targets (e.g., net-zero goals) are also absent. While the materiality assessment is a positive step, much of the content remains generic, lacking evidence for claims like 'reducing environmental footprint.' To improve, UMS should incorporate specific metrics for emissions and social impact, seek third-party verification, and outline clear future targets to enhance credibility and transparency.
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