LION POSIM BERHAD
Malaysia | 8486.KL | Main
Reference
Report Year: 2023
Source Files: Lion_Posim_-_Annual_Report_2023.md
Sustainability Committee
Sustainability Committee (Members Unknown) 🟢
- MSC steering framework 🟢
- SWC daily implementation 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Lion Posim Berhad's GHG accounting in the 2023 report lacks critical data, with no reporting on Scope 1, 2, or 3 emissions. There is no mention of a base year, boundary, inventory, GWP basis, or accounting standard, limiting the ability to assess their carbon footprint comprehensively. Third-party verification is absent, reducing credibility. While energy consumption (614.18 MW) and water usage (3.93 ML) are reported, these are not linked to emissions. The report shows intent to address climate action via UNSDGs, but lacks measurable outcomes. Improvements are needed in establishing a GHG inventory, adopting a recognized standard like GHG Protocol, and engaging third-party verification to enhance transparency and accountability.
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 ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No reduction reported ⚠️
- 3R activities promoted 🟢
- Greener alternatives explored 🌞
- Green Building Index products 🌱
Social Highlights
- 185 employees trained 🟢
- RM350,000 scholarships (36 students) 🥗
- RM270,030 medical aid (31 individuals) 🥗
- RM20,000 for 86 surgeries 🥗
- Limited data available ⚠️ (Additional measurable social initiatives not detailed.)
Governance
- Salary disclosure: Disclosed 🟢
- Litigation: Can't find ⚠️
Report Quality
Commendable foundation in Lion Posim Berhad's 2023 sustainability report with an integrated approach and alignment to GRI standards 🟢. The report provides quantifiable data on energy (614.18 MW) and water usage (3.93 ML), alongside social impacts like scholarships (RM350,000 to 36 students) and employee training (185 trained) 🟢. However, it falls short on GHG emissions, lacking Scope 1, 2, or 3 data, base year, or verification ⚠️. Forward-looking commitments, such as TCFD adoption by FY2025, are noted, but current content includes generic statements like 'committed to sustainability' without measurable outcomes ⚠️. To improve, the company should establish a GHG inventory, incorporate third-party verification, and provide specific targets for emission reductions. This would enhance transparency and accountability, building on the solid base presented.
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