MERCURY INDUSTRIES BERHAD
Malaysia | 8192.KL | Main
Reference
Report Year: 2024
Source Files: Mercury_2024__Annual_Report_(final).md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- Oversees sustainability matters 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Mercury Industries Berhad's GHG accounting in the 2024 report is notably incomplete, with no data provided for Scope 1, Scope 2, or Scope 3 emissions. Key elements such as base year, boundary, GWP basis, and standards are absent, limiting transparency. No third-party verification is mentioned, which undermines credibility. While the company shows intent to address environmental impact through initiatives like solar energy and recycling, the lack of emissions data hinders a full assessment of their carbon footprint. Improvement is needed by establishing a robust GHG inventory, adopting recognized standards like GHG Protocol, and seeking external verification to enhance accountability and stakeholder trust.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not provided in the report. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not provided in the report. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not provided in the report. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Solar energy adoption 🌞
- Recycled materials 🟢
- Rainwater harvesting 🌧️
- Vehicle emission control 🟢
Social Highlights
- RM13,000 community investment 🥗
- 250 beneficiaries 🟢
- 32% management anti-corruption training 🟢
- 160 hours management training 🟢
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable initial steps are evident in Mercury Industries Berhad's 2024 Sustainability Report, with a clear commitment to integrating sustainability into operations 🟢. The use of the GRI framework and establishment of a Corporate Sustainability Committee are positive moves. Quantifiable actions, such as community investments (RM13,000 benefiting 250 people) and training metrics, add credibility. However, the report lacks depth in critical areas like GHG emissions data and forward-looking targets ⚠️. Generic statements about environmental stewardship are not backed by measurable outcomes, reducing impact. To improve, the company should incorporate specific emissions data, set clear sustainability goals (e.g., net-zero targets), and pursue third-party verification for credibility. Enhancing transparency in governance disclosures, such as executive compensation, would also strengthen stakeholder trust. Overall, a foundation exists, but more rigor is needed.
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