EDEN INC. BERHAD
Malaysia | 7471.KL | Main
Reference
Report Year: 2024
Source Files: EIB_-_Annual_Report_2024_final.md
Sustainability Committee
Sustainability Committee Working Group (SCWG) 🟢
- Several meetings 🟢
- Annual review 🟢
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
EDEN INC. BERHAD demonstrates a commitment to GHG accounting by reporting Scope 1 (84,431.49 tCO₂e), Scope 2 (470.48 tCO₂e), and Scope 3 (683.28 tCO₂e) emissions for 2024, covering its Energy and F&B/Tourism sectors. Strengths include comprehensive scope coverage, particularly for Scope 3, though limited to business travel and commuting. However, significant gaps remain, such as the lack of a specified base year, GWP basis, and data collection approach. The absence of third-party verification undermines credibility. Improvements are needed in adopting a recognized standard like GHG Protocol, ensuring verification, and reporting carbon intensity to benchmark performance. Enhanced transparency on methodologies would strengthen trust in the reported data.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 84,431.49 tCO₂e 🟢 | |
| Scope2 | 470.48 tCO₂e 🟢 | |
| Scope3 | 683.28 tCO₂e 🟢 | Limited to business travel and employee commuting |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Energy Sector and F&B/Tourism Sector
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Not specified
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 5% heat rate improvement 🟢
- 3.65 tonnes waste diverted 🟢
- Emission monitoring 🛢️
- Engine overhaul for efficiency 🌱
Social Highlights
- MYR 36,915.99 community investment 🥗
- 567 beneficiaries 🥗
- 20 employees trained 🟢
- 283 training hours 🟢
- Educational CSR events 🥗
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable foundation in sustainability reporting by EDEN INC. BERHAD 🟢. The 2024 integrated report provides quantifiable metrics such as GHG emissions across all scopes, waste diversion (3.65 tonnes), and community investment (MYR 36,915.99), reflecting a data-driven approach. Stakeholder engagement and materiality assessments are well-documented, enhancing transparency. However, the report lacks third-party verification for emissions data, reducing credibility ⚠️. Forward-looking commitments, such as specific net-zero targets or timelines for carbon reduction, are vague or absent, limiting strategic clarity. Generic statements like 'committed to sustainability' are present without sufficient evidence of measurable outcomes. To improve, the company should incorporate external assurance, define clear future targets, and adopt globally recognized frameworks like GRI or TCFD for enhanced comparability. This would elevate the report from a solid base to a benchmark in sustainability disclosure.
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