MPIRE GLOBAL BERHAD
Malaysia | 7943.KL | Main
Reference
Report Year: 2023
Source Files: Mpire_-_Annual_Report_2023.md
Sustainability Committee
Sustainability Oversight by Board 🟢
- Annual Board discussions 🟢
Reporting
Integrated Report, No Specific Framework Identified ⚠️
GHG Accounting
MPIRE Global Berhad has outlined initial steps toward GHG accounting by planning to record Scope 1, Scope 2, and Scope 3 emissions in 2024 using the GHG Protocol with an operational control approach. Scope 3 tracking will focus on business travel and employee commuting, with targets to be set post-data refinement. However, no current emissions data or base year is reported, and third-party verification is absent. Strengths include a clear intent to adopt standardized reporting. Improvements needed include accelerating data collection, establishing a base year, specifying GWP basis, and engaging third-party verification to enhance credibility. Adopting TCFD disclosures by 2025, as planned, will further strengthen climate-related reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Planned for 2024 per report. |
| Scope2 | Not reported ⚠️ | Planned for 2024 per report. |
| Scope3 | Not reported ⚠️ | Tracking for business travel and commuting planned for 2024. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not established ⚠️
- Boundary inventory: Operational control planned 🟢
- Gwp basis: Not specified ⚠️
- Standard: GHG Protocol planned 🟢
- Data collection approach: Not specified ⚠️
- Third party verification: Not conducted ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- GHG tracking planned for 2024 🟢
- No tech adoption reported ⚠️
- No data reported ⚠️
- No changes reported ⚠️
Social Highlights
- Health & Safety prioritized 🟢
- DEI initiatives emphasized 🟢
- Community investment focus 🥗
- Limited data available ⚠️ (No specific measurable outcomes provided.)
- Limited data available ⚠️ (No specific measurable outcomes provided.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable Intent is evident in MPIRE Global Berhad's 2023 sustainability report, with a clear governance structure involving the Board and plans to adopt GHG Protocol and TCFD disclosures by 2024–2025 🟢. The identification of nine material sustainability matters and commitment to stakeholder engagement are positive steps. However, the report lacks quantifiable actions and measurable outcomes ⚠️, relying on generic statements like 'committed to reducing environmental footprint' without supporting data or specific metrics. Forward-looking commitments exist, but their vagueness limits impact assessment. To improve, MPIRE should prioritize collecting and disclosing emissions data, establish clear KPIs for sustainability performance, and incorporate third-party verification for credibility. Enhancing specificity in social and environmental initiatives with measurable targets would strengthen the report’s value and transparency.
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