NEXTGREEN GLOBAL BERHAD
Malaysia | 7241.KL | Main
Reference
Report Year: 2023
Source Files: Nextgreen_-_Annual_Report_2023_Part_2.md, Nextgreen_-_Annual_Report_2023_Part_3.md
Sustainability Committee
Sustainability Working Group (Members Unknown) 🟢
- Group Head of Sustainability appointed 🟢
- Sustainability Champions in subsidiaries 🟢
Reporting
UNGC, RSPO, Integrated Report 🟢
GHG Accounting
NEXTGREEN GLOBAL BERHAD has made a commendable start in GHG accounting by reporting a total carbon footprint of 1,069.6 tCO₂e for 2023, covering key entities like BHS Book Printing, Ultimate Ivory, and Nextgreen. The achievement of Planet Mark Certification reflects a positive step toward credibility. However, the report lacks granularity, with Scope 1, 2, and 3 emissions not separately disclosed, limiting transparency. Additionally, critical details such as base year, GWP basis, and accounting standards are missing, which hinders comparability and alignment with global protocols. To enhance reporting, Nextgreen should prioritize detailed scope-wise data, adopt recognized standards like GHG Protocol, and establish a clear baseline for tracking reductions over time.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not separately reported ⚠️ | Scope 1 emissions not distinguished in total carbon footprint. |
| Scope2 | Not separately reported ⚠️ | Scope 2 emissions not distinguished; electricity consumption reported separately. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions not included in the report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported for energy production. |
Other Details
- Base year: Base year not specified ⚠️
- Boundary inventory: Operational control boundary 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Planet Mark Certification 🟢
- Carbon intensity: Not reported ⚠️
Efforts
- Planet Mark Certification 🟢
- Rooftop solar panels 🌞
- 134,120 kg waste paper recycled 🟢
- 1,000 trees planted 🌱
Social Highlights
- 60% response rate in survey 🟢
- Tree planting with volunteers 🥗
- Employee volunteering for forests 🥗
- UNGC Academy training access 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Positive Foundation with Room for Depth 🟢. NEXTGREEN GLOBAL BERHAD's 2023 integrated sustainability report showcases a solid commitment to ESG principles, with quantifiable actions like a reported carbon footprint of 1,069.6 tCO₂e, reforestation efforts involving 1,000 trees, and waste recycling metrics (134,120 kg of waste paper). The Planet Mark Certification adds credibility to their environmental claims. However, the report lacks depth in critical areas, such as scope-wise GHG emissions breakdown and forward-looking commitments like net-zero targets ⚠️. Many statements, such as 'committed to sustainable development,' remain generic without measurable outcomes or timelines. To strengthen future reports, Nextgreen should incorporate detailed GHG inventories, third-party verification for broader metrics, and specific, time-bound sustainability goals to demonstrate accountability and progress. Overall, a promising start that can evolve with more rigor.
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