TRANSOCEAN HOLDINGS BHD
Malaysia | 7218.KL | Main
Reference
Report Year: 2023
Source Files:
Sustainability Committee
Sustainability Management Committee (Members Unknown) 🟢
- Established in Feb 2023 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Transocean Holdings Bhd's 2023 sustainability report lacks detailed GHG accounting. There are no quantifiable emissions data for Scope 1, 2, or 3, nor information on base year, boundary, or standards used. The absence of third-party verification further limits credibility, as explicitly noted in the report. While the company expresses commitment to environmental goals like combating climate change (aligned with SDG 13), there are no measurable outcomes or specific initiatives to support these claims. A significant improvement would be to establish a comprehensive GHG inventory, adopt recognized standards like the GHG Protocol, and include detailed data collection methodologies. Seeking external assurance would also enhance trust in reported data.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided. |
| 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 conducted ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No specific efforts ⚠️
- Waste minimization mentioned →
- No specific tech adoption ⚠️
- No specific changes ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Initial Steps Taken 🟢: Transocean Holdings Bhd's 2023 integrated sustainability report shows a foundational commitment to sustainability with the establishment of a Sustainability Management Committee and alignment with the GRI framework. However, the report lacks quantifiable actions and measurable outcomes ⚠️, particularly in GHG emissions, waste reduction, and social impact metrics. Statements like 'committed to protecting the environment' remain generic without supporting data or specific initiatives. There are no forward-looking commitments, such as net-zero targets or detailed plans for emissions reduction. To improve, the company could incorporate specific metrics (e.g., emission reductions in tCO₂e), seek third-party verification for credibility, and outline clear, time-bound sustainability goals. Overall, while the report provides a starting point, it needs deeper substance to reflect true sustainability progress.
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