G CAPITAL BERHAD
Malaysia | 7676.KL | Main
Reference
Report Year: 2023
Source Files: 2023_GCAP_Annual_Report_Part_1.pdf, 2023_GCAP_Sustainability_Report.pdf
Sustainability Committee
Sustainability Steering Committee (Members Unknown) 🟢
- Materiality assessment 🟢
- Strategy oversight 🟢
Reporting
GRI, Separate Report 🟢
GHG Accounting
G Capital Berhad demonstrates a structured approach to GHG accounting with detailed reporting for 2023 across Scope 1 (67.4 tCO₂e), Scope 2 (40.7 tCO₂e), and Scope 3 (218.9 tCO₂e), totaling 327.0 tCO₂e. Strengths include comprehensive boundary definitions covering diverse emission sources like employee commuting and business travel for Scope 3. Carbon intensity metrics for Scope 2 and Scope 3 are also provided, enhancing transparency. However, the lack of third-party verification and unspecified standards (e.g., GHG Protocol) raises concerns about data reliability. Improvements could include adopting a recognized standard and seeking external assurance to validate reported figures. Additionally, setting clearer reduction targets beyond electricity consumption would strengthen accountability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 67.4 tCO₂e 🟢 | |
| Scope2 | 40.7 tCO₂e 🟢 | |
| Scope3 | 218.9 tCO₂e 🟢 |
Other Details
- Base year: 2022
- Boundary inventory: Operational control (Scope 1: owned vehicles, fuel combustion, fugitive emissions; Scope 2: electricity from Tenaga Nasional Berhad; Scope 3: employee commuting, homeworking, waste disposal, business travel, paper, water consumption)
- Gwp basis: Energy Commission of Malaysia grid emissions factor
- Standard: Not specified
- Data collection approach: Location and market-based for Scope 2 (same source)
- Third party verification: Not verified ⚠️
- Carbon intensity: Scope 2: 0.05 tCO₂e/m², Scope 3: 5.09 tCO₂e/FTE 🟢
Efforts
- 10% electricity reduction target 🟢
- 360 kg paper recycled 🟢
- 20,609 MWh solar energy 🌞
- 141,180 MWh hydropower 🌊
Social Highlights
- Over 100 beneficiaries 🥗
- 100% local purchases 🟢
- Anti-corruption training 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Disclosed 🟢
Report Quality
Commendable foundation in G Capital Berhad’s 2023 sustainability report with detailed GHG emissions data across all scopes and clear metrics like 360 kg of recycled paper and over 20,000 MWh of clean energy generated 🟢. The use of the GRI framework adds structure to the reporting. However, the report falls short in third-party verification of emissions data, which undermines credibility ⚠️. While forward-looking commitments like a 10% reduction in electricity consumption are noted, broader emission reduction targets are vague or absent. Social impact data also lacks depth, with limited measurable outcomes beyond CSR beneficiaries. The report could benefit from incorporating external assurance, setting specific ESG targets, and providing more detailed social initiatives. Overall, it provides a solid base but needs deeper evidence-based content to enhance trust and accountability.
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