PROGRESSIVE IMPACT CORPORATION BERHAD
Malaysia | 7201.KL | Main
Reference
Report Year: 2023
Source Files: Annual_Report_2023_-_Part_3.md, Annual_Report_2023_-_Part_4.md
Sustainability Committee
Sustainability Working Group (Members Unknown) 🟢
- Coordinates material matters 🟢
- Materiality assessments 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
PROGRESSIVE IMPACT CORPORATION BERHAD's 2023 sustainability report lacks any specific data on GHG emissions. There is no mention of Scope 1, 2, or 3 emissions, base year, or carbon intensity metrics. Additionally, critical elements such as third-party verification, data collection approaches, or adherence to standards like the GHG Protocol are absent. While the company expresses a general commitment to environmental engagement, this is not supported by quantifiable metrics or detailed strategies. To improve, PICORP should prioritize establishing a comprehensive GHG inventory, adopt recognized frameworks, and seek third-party verification to enhance credibility and transparency in its environmental reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions not disclosed. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions not disclosed. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not disclosed. |
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
- Not reported ⚠️
- Not reported ⚠️
- Not reported ⚠️
- Not reported ⚠️
Social Highlights
- Employee engagement events 🥗
- Cultural & fitness activities 🥗
- River Clean Up CSR 🥗
- 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
Commendable governance structure is evident in PROGRESSIVE IMPACT CORPORATION BERHAD's 2023 integrated sustainability report, with a clear Sustainability Working Group driving initiatives 🟢. The report highlights stakeholder and employee engagement activities, which reflect a commitment to social responsibility 🟢. However, the absence of quantifiable environmental metrics such as GHG emissions or waste reduction data is a significant gap ⚠️. Generic statements about environmental engagement lack measurable outcomes or specific targets, reducing the report's impact. Forward-looking commitments or forecasts, such as net-zero targets, are also missing ⚠️. To enhance future reports, PICORP should incorporate detailed GHG accounting, adopt recognized reporting frameworks like GRI or TCFD, and provide verifiable data on sustainability outcomes. This would strengthen transparency and demonstrate a robust commitment to sustainability.
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