MAJUPERAK HOLDINGS BERHAD
Malaysia | 8141.KL | Main
Reference
Report Year: 2023
Source Files: MHB_-_Annual_Report_2023_(Bursa).md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Expanded risk management role 🟢
- Optimized reporting line 🟢
Reporting
Bursa Malaysia ESG Guide, Integrated Report 🟢
GHG Accounting
Majuperak Holdings Berhad's 2023 sustainability report lacks detailed GHG accounting data. There is no reporting on Scope 1, 2, or 3 emissions, base year, or boundary definitions, which limits transparency on their carbon footprint. Additionally, no information on GWP basis, data collection approach, or third-party verification is provided. While the company expresses commitment to renewable energy projects like solar PV, quantifiable emission metrics are absent. A key improvement would be to establish a comprehensive GHG inventory aligned with standards like the GHG Protocol, including absolute emission figures and reduction targets. Incorporating third-party verification would further enhance credibility and accountability in their sustainability reporting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data provided in the report. |
| Scope2 | Not reported ⚠️ | No data provided in the report. |
| Scope3 | Not reported ⚠️ | No data provided in the report. |
| 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 data ⚠️
- No data ⚠️
- Solar PV projects 🌞
- Green eco-development 🌱
Social Highlights
- COP28 attendance 🥗
- Limited data available ⚠️ (Insufficient social impact metrics reported.)
- Limited data available ⚠️ (Insufficient social impact metrics reported.)
- Limited data available ⚠️ (Insufficient social impact metrics reported.)
- Limited data available ⚠️ (Insufficient social impact metrics reported.)
Governance
- Salary disclosure: Can't find ⚠️
Report Quality
Commendable initial steps are evident in Majuperak Holdings Berhad's 2023 sustainability report, particularly with the restructuring of their sustainability governance and focus on renewable energy initiatives like solar PV projects 🟢. The integrated report aligns with Bursa Malaysia's ESG Reporting Guide, which is a positive framework. However, the report falls short in providing quantifiable actions and measurable outcomes ⚠️. Key areas such as GHG emissions, waste reduction, and social impact lack specific metrics or verified data. Forward-looking commitments, like targets for emission reductions or net-zero goals, are also absent. While the intent to contribute to Malaysia's renewable energy goals is clear, vague statements dominate over evidence-based reporting. To improve, the company should incorporate third-party verification, detailed ESG performance data, and specific future targets to enhance transparency and accountability.
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