SUCCESS TRANSFORMER CORPORATION BERHAD
Malaysia | 7207.KL | Main
Reference
Report Year: 2024
Source Files:
Sustainability Committee
Risk Management and Sustainability Committee (11 pax) 🟢
- Regular reviews 🟢
- Strategy monitoring 🟢
Reporting
Bursa ESG Reporting Platform, Integrated Report 🟢
GHG Accounting
SUCCESS TRANSFORMER CORPORATION BERHAD's GHG accounting in the 2024 report lacks comprehensive data on emissions. No Scope 1, 2, or 3 emissions are explicitly reported, though total energy consumption (2,675.24 MW) and solar power usage (355,888 kWh) are disclosed. There is no mention of a base year, boundary, GWP basis, or third-party verification, limiting transparency. Adoption of solar power is a positive step towards reducing emissions, but detailed GHG inventory is missing. The company should prioritize establishing a clear GHG accounting framework, report absolute emissions across all scopes, and consider third-party verification to enhance credibility. Aligning with standards like GHG Protocol or ISO 14064 would further strengthen their environmental reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No specific Scope 2 emissions data; only total energy consumption reported as 2,675.24 MW. |
| 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 specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Adopted solar power (355,888 kWh) 🌞
- Reduced process wastage 🟢
- Compliant waste management 🟢
- Energy conservation practices 🌱
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initiatives are evident in SUCCESS TRANSFORMER CORPORATION BERHAD's 2024 integrated sustainability report, particularly in energy conservation and waste management 🟢. The adoption of solar power (355,888 kWh) and detailed training data (e.g., 913 hours for technical staff) reflect measurable outcomes. However, the report falls short in GHG emissions disclosure, lacking data on Scope 1, 2, and 3 emissions ⚠️. Generic commitments to sustainability, such as 'promoting cleaner energy,' are noted but lack specific targets or forward-looking commitments. To improve, the company should provide absolute emissions data, establish clear net-zero targets, and pursue third-party verification for credibility. Incorporating forecasting and detailed governance disclosures (e.g., executive salaries) would further enhance transparency. Overall, the report provides a foundation but could benefit from deeper quantifiable actions and structured frameworks.
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