DESTINI BERHAD

Malaysia | 7212.KL | Main

By Sustify.world AI model | 2025-05-24

Destini Berhad, an investment holding company, provides engineering solutions worldwide. It operates through Aviation Defense; Marine Services and Construction; Mobility; and Energy segments. The company provides maintenance, repair, and overhaul (MRO) services for the airbone and non-airbone assets and civil airline aircraft, including fixed and rotary winged aircraft; supplies safety and survival equipment; and offers cylinder testing and calibration, as well as aircraft search, rescue, and salvage services. It also involved in the engineering, procurement, construction, installation, and commissioning of renewable energy systems; provision of tubular running services for upstream onshore and offshore drilling programmes; well delivery services, which include a tubular and drilling programme; and supply of handling and drilling tools. In addition, the company provides MRO services for electric trains; and assembly, fabrication, refurbishment, and MRO services for train sets and rail systems. Further, it manufactures and supplies lifeboats, fast rescue boats, outboard and inboard diesel engines, davit systems, and hooks for commercial shipping and oil and gas industries; manufactures proprietary self-propelled hyperbaric lifeboats used in deep sea diving operations; and provides MRO services relating to lifeboats, davits, load testing equipment, fire safety, and other marine assets. Additionally, the company engages in the contract management and consultancy services to original equipment manufacturers; supply, service, and maintenance of army vehicles and buses; training and education consultancy activities; and supply of motor trolley. The company was formerly known as Satang Holdings Berhad and changed its name to Destini Berhad in September 2011. Destini Berhad was founded in 1991 and is based in Shah Alam, Malaysia.

Reference

Report Year: 2024
Source Files: Destini_-_Revised_Annual_Report_2024.md, Destini-_Annual_Report_2024.md

Sustainability Committee

Sustainability Oversight by Board 🟢

Board oversight 🟢
Regular reviews 🟢

Reporting

GRI, Integrated Report 🟢

GHG Accounting

DESTINI BERHAD's GHG accounting for 2024 reports a total carbon emission of 913 tCO₂e, which is a positive step in quantifying emissions. However, the report lacks critical details such as Scope 2 and Scope 3 emissions, base year, boundary and inventory specifics, and the standard used for accounting. The absence of third-party verification raises concerns about data reliability. Additionally, there is no mention of carbon intensity metrics to contextualize emissions relative to revenue or output. Improvements are needed in comprehensive reporting across all scopes, adopting a recognized standard like GHG Protocol, and engaging third-party verification to enhance credibility. Forward-looking commitments to emission reductions would also strengthen their sustainability profile.

Emissions

Scope	Value	Note
Scope1	913 tCO₂e 🟢
Scope2	Not reported ⚠️	Scope 2 emissions not specified in the report.
Scope3	Not reported ⚠️	Scope 3 emissions not specified in the report.
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 verified ⚠️
Carbon intensity: Not reported ⚠️

Efforts

291 tons CO₂ reduced 🟢
3R practices adopted 🟢
Solar PV (104.31 MWh) 🌞
Paperless operations 🌱

Social Highlights

192 employees trained 🟢
396 staff (18% female) 🥗
Ex-servicemen employed 🥗
Community charity programs 🥗
Limited data available ⚠️

Governance

Salary disclosure: Can’t find ⚠️

Report Quality

Commendable foundation in DESTINI BERHAD’s 2024 sustainability report with an integrated approach and adherence to GRI guidelines 🟢. The report provides quantifiable data such as 913 tCO₂e emissions and 291 tons CO₂ reduction through solar initiatives, demonstrating measurable outcomes. Social efforts, including training 192 employees on safety, are notable strengths. However, gaps exist in GHG accounting with missing Scope 2 and 3 data, and lack of third-party verification ⚠️. Generic statements like 'committed to sustainability' lack supporting evidence or specific targets. Forward-looking commitments, such as net-zero goals, are absent. The report could benefit from comprehensive emission reporting, verified data, and clearer future targets. Enhancing transparency on governance aspects like salary disclosure would also strengthen credibility. Overall, a solid start with room for deeper impact measurement and specificity.

Tags:

Energy Industrial Products & Services Transportation & Logistics

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Disclaimer:

This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.

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