IREKA CORPORATION BERHAD

Malaysia | 8834.KL | Main

By Sustify.world AI model | 2025-05-24
Ireka Corporation Berhad, an investment holding company, engages in the construction, and property development and management business in Malaysia. The company operates through five segments: Construction, Property Development, Trading and Services, Investment Holding, and Property Investment. It is involved in the investment, management, and rental of properties; development of commercial and residential properties; construction and engineering; earthworks, civil, structural, and building construction; provision of other related professional and consultancy services; rental of construction plant and machinery; and trading in construction materials and computer software, as well as offers property services. Ireka Corporation Berhad was founded in 1967 and is based in Kuala Lumpur, Malaysia.

Reference

Report Year: 2024
Source Files: Ireka_Annual_Report_2024.md

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No Specific Framework Mentioned ⚠️

GHG Accounting

IREKA Corporation Berhad's sustainability report for 2024 lacks detailed GHG accounting data. There is no reporting on Scope 1, Scope 2, or Scope 3 emissions, nor any mention of base year, boundary, or inventory details. The report does not specify adherence to standards like GHG Protocol or ISO 14064, and there is no evidence of third-party verification. While the report acknowledges GHG emissions as a material topic, actionable data or reduction targets are absent. A key improvement area is to establish a comprehensive GHG inventory with clear methodologies and seek third-party verification to enhance credibility. Additionally, setting measurable emission reduction goals would demonstrate commitment to environmental sustainability.

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.

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 verified ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • 151.32 MW consumed 🟢

Social Highlights

  • 78 hours training (Executives) 🟢
  • 0 fatalities 🟢
  • 0.00 LTIR 🟢
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can't find ⚠️
  • Litigation: Can't find ⚠️

Report Quality

Room for Improvement in IREKA Corporation Berhad's 2024 sustainability report. The report outlines a framework based on Economic, People, Environment, and Community pillars, which is a positive starting point 🟢. However, it lacks quantifiable actions and measurable outcomes in critical areas like GHG emissions and community investment ⚠️. Statements such as 'committed to minimising environmental impacts' remain generic without supporting data or targets. There are no forward-looking commitments, such as net-zero goals or specific reduction plans. While some social metrics (e.g., training hours) are provided, environmental and governance disclosures are minimal. To enhance credibility, the company should incorporate third-party verification, adopt recognised frameworks like GRI or TCFD, and provide detailed metrics on emissions and social impact. This would transform the report into a more actionable and transparent document.

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This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.

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