WATTA HOLDING BERHAD
Malaysia | 7226.KL | Main
Reference
Report Year: 2023
Source Files: Watta_Annual_Report_2023.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Oversees initiatives 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
WATTA HOLDING BERHAD's GHG accounting efforts are notably underdeveloped in the 2023 report. There is no quantifiable data on Scope 1, 2, or 3 emissions, nor are there details on base year, boundary, or inventory. The absence of a specified standard (e.g., GHG Protocol) and lack of third-party verification further weakens the credibility of their environmental reporting. While the company expresses a general commitment to reducing emissions, this lacks specificity or measurable outcomes. To improve, WATTA should establish a clear GHG inventory, adopt a recognized standard, set a base year for tracking, and pursue third-party verification to enhance transparency and accountability in their environmental impact reporting.
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 mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- General commitment ⚠️
- Waste disposal control 🟢
- Not reported ⚠️
- Not reported ⚠️
Social Highlights
- RM4.1M in wages 🟢
- RM1,000 community investment 🟢
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in WATTA HOLDING BERHAD's 2023 sustainability report. The report demonstrates a foundational commitment to sustainability with the establishment of a Corporate Sustainability Committee and adherence to GRI standards 🟢. However, it falls short in providing quantifiable actions and measurable outcomes, particularly in GHG emissions and environmental impact areas ⚠️. Statements such as 'commitment to reducing emissions' remain vague without specific metrics or targets. The social and governance sections also lack depth, with limited data on impactful initiatives. While stakeholder engagement is mentioned, there are no forward-looking commitments like net-zero targets. To enhance credibility, WATTA should incorporate specific, measurable goals, pursue third-party verification for environmental data, and provide detailed outcomes of social programs. This would transform the report into a more actionable and transparent document.
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