TECHBASE INDUSTRIES BERHAD
Malaysia | 8966.KL | Main
Reference
Report Year: 2024
Source Files: Techbase_-_Annual_Report_2024.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Reviewed initiatives 🟢
- Formulated strategies 🟢
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
Techbase Industries Berhad provides limited details on GHG accounting in their 2024 report. While they report a carbon intensity of 0.23 kgCO2e per piece, there is no breakdown of Scope 1, 2, or 3 emissions, nor mention of a base year, boundary, or GWP basis. The lack of third-party verification and adherence to standards like GHG Protocol or ISO 14064 raises concerns about data reliability. The company acknowledges a rise in emissions due to increased production but plans investments in renewable energy. Improvements are needed in comprehensive emissions reporting and verification to align with global standards and enhance transparency.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific Scope 1 data provided. |
| Scope2 | Not reported ⚠️ | No specific Scope 2 data provided. |
| Scope3 | Not reported ⚠️ | No specific Scope 3 data provided. |
| 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 verified ⚠️
- Carbon intensity: 0.23 kgCO2e/piece, not verified ⚠️
Efforts
- Solar PV investment planned 🌞
- Waste minimisation program 🟢
- Energy-efficient automation 🌱
Social Highlights
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in Techbase Industries Berhad’s 2024 sustainability report. The report integrates sustainability into the annual report, which is a positive step 🟢, and highlights intentions to invest in renewable energy and waste minimisation. However, it lacks quantifiable actions and measurable outcomes for most initiatives ⚠️. Statements like 'committed to sustainability' are generic and unsupported by specific metrics or verified data. There are no forward-looking commitments with clear timelines, such as net-zero targets. To enhance credibility, the company should incorporate detailed GHG emissions data across all scopes, adopt recognised frameworks like GRI or TCFD, and pursue third-party verification. Including measurable social impact and governance disclosures would further strengthen the report. Overall, it provides a foundation but needs significant depth to meet global sustainability reporting standards.
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