PMB TECHNOLOGY BERHAD
Malaysia | 7172.KL | Main
Reference
Report Year: 2022
Source Files: PMB_Technology_Berhad-_AR2022_Part_2.pdf
Sustainability Committee
Sustainability Working Group (SWG) Formed 🟢
- Developed sustainability priorities 🟢
- Materiality assessments conducted 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
PMB Technology Berhad's GHG accounting efforts show a commitment to energy consumption monitoring, with data on electricity, fuel, and renewable energy usage reported for FY2022. Strengths include initiatives like solar panel installation and a reported renewable energy generation of 5,004.32 GJ. However, absolute GHG emissions for Scope 1, 2, and 3 are not specified, limiting transparency. The lack of a base year, GWP basis, and third-party verification further weakens the report's credibility. Improvements are needed in quantifying emissions, adopting a recognized standard like GHG Protocol, and obtaining external assurance to enhance data reliability and stakeholder trust.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not specified ⚠️ | Only energy consumption data provided, not direct GHG emissions ⚠️ |
| Scope2 | Not specified ⚠️ | Only electricity consumption reported, not GHG emissions ⚠️ |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not disclosed ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Operational sites 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Solar panels installed 🌞
- 5,004.32 GJ renewable energy 🟢
- Reduced hazardous waste 🟢
- Energy-efficient tech adopted 🌱
- Hydropower for silicon plants 🌊
Social Highlights
- 670 beneficiaries from CSR 🟢
- 220 blood donors 🥗
- 527 trained on anti-corruption 🟢
- Increased local hires 🥗
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable effort by PMB Technology Berhad in integrating sustainability into their 2022 Annual Report with reference to GRI Standards 🟢. The report highlights quantifiable actions such as renewable energy generation (5,004.32 GJ) and CSR initiatives benefiting 670 individuals, showcasing measurable outcomes. However, significant gaps exist in GHG emissions reporting, with no absolute data for Scope 1, 2, or 3, and a lack of third-party verification ⚠️. While forward-looking commitments like ISO 14001 implementation are noted, many statements remain generic (e.g., 'committed to sustainability') without concrete targets or timelines. To enhance credibility, the company should quantify emissions data, adopt a recognized GHG accounting standard, and seek external assurance. Overall, the report provides a foundation but could benefit from greater specificity and transparency.
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