ASIA BRANDS BERHAD
Malaysia | 7722.KL | Main
Reference
Report Year: 2024
Source Files: Annual_Report_2024.pdf
Sustainability Committee
Sustainability & ESG Committee (Members: Unknown) 🟢
- Established in May 2023 🟢
- Annual Board reporting 🟢
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
ASIA BRANDS BERHAD's 2024 sustainability report lacks any detailed information on GHG emissions accounting. There is no data provided for Scope 1, Scope 2, or Scope 3 emissions, nor is there mention of a base year, boundary, or inventory. Key elements such as GWP basis, standards (e.g., GHG Protocol), data collection approaches, and third-party verification are also absent. This represents a significant gap in environmental reporting. To improve, the company should prioritize establishing a comprehensive GHG inventory, adopt recognized standards, and consider third-party verification to enhance credibility. Reporting on carbon intensity metrics could also provide valuable insights into operational efficiency.
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 reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
- No efforts reported ⚠️
Social Highlights
- No initiatives reported ⚠️ (Limited data available on social impact activities.)
- Limited data available ⚠️
- 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 ASIA BRANDS BERHAD’s 2024 sustainability report. While the establishment of the Sustainability & ESG Committee in 2023 is a positive step 🟢, the report lacks depth in critical areas. There are no quantifiable actions or measurable outcomes related to environmental or social initiatives, and GHG emissions data is entirely absent ⚠️. The content remains generic, with broad statements about governance and sustainability commitment without supporting evidence or specific metrics. Forward-looking commitments or targets, such as net-zero goals, are also missing. To enhance future reports, the company should focus on providing specific, measurable data on emissions, social impact, and governance disclosures. Incorporating recognized frameworks like GRI or TCFD and pursuing third-party verification would further strengthen credibility and transparency.
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