P.A. Resources Berhad
Malaysia | 7225.KL | Main
Reference
Report Year: 2024
Source Files: PARB_-_Annual_Report_2024.md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Materiality assessment 🟢
- Key matters identified 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
P.A. Resources Berhad's GHG accounting in FYE 2024 is at an early stage. The report mentions a goal to set a baseline for GHG emissions and develop a decarbonization roadmap, which is a positive step. However, no actual data on Scope 1, 2, or 3 emissions is provided, limiting transparency. The boundary is restricted to principal operations in Malaysia, excluding semi-dormant subsidiaries. There is no mention of standards like GHG Protocol or third-party verification, with only an internal review conducted. Key improvements include establishing a baseline, reporting absolute emission figures, expanding the inventory boundary, and engaging external verification for credibility. Without measurable data, assessing the environmental impact remains challenging.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data available for Scope 1 emissions. |
| Scope2 | Not reported ⚠️ | No data available for Scope 2 emissions. |
| Scope3 | Not reported ⚠️ | No data available for Scope 3 emissions. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not set ⚠️
- Boundary inventory: Limited boundary →
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Internal review only ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- GHG baseline goal 🟢
- Decarbonization roadmap 🟢
- 100% aluminum recycling 🟢
- Renewable energy exploration 🌞
Social Highlights
- Zero fatalities 🟢
- Turnover target <5% 🟢
- Yearly safety training 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: No litigation ⚠️
Report Quality
Commendable initial steps are evident in P.A. Resources Berhad's FYE 2024 sustainability report with the establishment of a Sustainability Committee and alignment with the GRI framework 🟢. The report outlines clear goals, such as setting a GHG baseline and achieving zero workplace fatalities, which demonstrate intent. However, it lacks quantifiable outcomes for key metrics like emissions data and carbon intensity, relying heavily on generic commitments like 'developing a decarbonization roadmap' without measurable progress ⚠️. Forward-looking commitments are present but vague, missing specific timelines or targets beyond FYE 2024. To improve, the company should prioritize reporting absolute emission figures, incorporate third-party verification for credibility, and provide detailed updates on initiatives like renewable energy adoption. Overall, the report lays a foundation but needs deeper data-driven insights to enhance transparency and accountability.
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