BTM RESOURCES BERHAD
Malaysia | 7188.KL | Main
Reference
Report Year: 2023
Source Files: Annual_Report_2023_-_BTM_Resources_Berhad.pdf
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Oversight by RMSC 🟢
- Implementation by SWG 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
BTM Resources is in the early stages of GHG accounting, with data collection underway to establish a baseline for emissions. The company acknowledges emissions from kiln-drying operations and boilers but has not yet reported Scope 1, 2, or 3 data for 2023. Their transition to renewable energy with biomass power plants is a positive step, yet biogenic emissions are not included in the inventory despite biomass usage, which is a gap. No third-party verification or carbon intensity metrics are available. A key improvement would be to expedite GHG data disclosure, include biogenic emissions in the inventory, and adopt recognized standards like GHG Protocol for consistency. Energy efficiency initiatives (e.g., LED lighting) show intent, but measurable outcomes are needed to strengthen credibility.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Data collection in progress for baseline establishment. |
| Scope2 | Not reported ⚠️ | Data collection in progress for baseline establishment. |
| Scope3 | Not reported ⚠️ | Data collection in progress for baseline establishment. |
| Biogenic emissions | Not reported despite biomass usage ⚠️ | Biomass power plants planned, but emissions not included in GHG inventory. |
Other Details
- Base year: Not established ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: In progress →
- Third party verification: Not conducted ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- LED lighting adopted 🟢
- Wood waste to pellets 🟢
- Biomass power plants 🌞
- Circular economy model 🌱
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable intent is evident in BTM Resources' 2023 Sustainability Statement, with a clear focus on transitioning to renewable energy via biomass power plants 🟢. The report highlights initiatives like energy efficiency measures and circular economy practices, supported by some quantifiable data (e.g., 1.2 million kWh electricity consumption). However, significant gaps exist in GHG emissions reporting, as no Scope 1, 2, or 3 data is disclosed despite ongoing data collection ⚠️. Generic statements about 'commitment to sustainability' lack measurable outcomes or forward-looking targets beyond preparatory compliance with TCFD by 2025. The absence of third-party verification and limited social impact metrics further weakens credibility. To improve, BTM Resources should prioritize disclosing GHG data, include biogenic emissions, set specific reduction targets, and enhance social reporting with detailed outcomes. Overall, the report provides a foundation but needs deeper substance and accountability.
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