OKA CORPORATION BHD
Malaysia | 7140.KL | Main
Reference
Report Year: 2024
Source Files: OKA-_AR_2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
OKA Corporation BHD's sustainability report for 2024 lacks detailed information on GHG accounting. No data is provided for Scope 1, Scope 2, or Scope 3 emissions, and critical elements such as base year, boundary, and inventory are not reported. There is also no mention of standards like GHG Protocol or third-party verification, which limits the credibility of any environmental claims. Significant improvements are needed, including establishing a baseline for emissions, adopting recognized frameworks, and ensuring transparent data collection processes. Without measurable data, the environmental impact of OKA’s operations remains unclear, hindering stakeholder trust and accountability.
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 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 ⚠️
Social Highlights
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for improvement in OKA Corporation BHD’s 2024 sustainability report ⚠️. While the report highlights a commitment to integrating economic, environmental, and social considerations into business strategies, it lacks quantifiable actions and measurable outcomes. Statements such as 'committed to sustainability' are generic and unsupported by specific metrics or data, particularly in GHG emissions and social impact areas. There is no evidence of forward-looking commitments like net-zero targets or detailed plans for environmental improvements. Positive aspects include alignment with Bursa Malaysia’s Sustainability Reporting Guide 🟢, but this is undermined by the absence of detailed reporting. To enhance credibility, OKA should incorporate specific, verifiable data on emissions, set clear targets, and consider third-party verification for greater transparency. Providing detailed social and governance metrics would also strengthen stakeholder trust.
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