THETA EDGE BERHAD
Malaysia | 9075.KL | Main
Reference
Report Year: 2023
Source Files: Theta_Edge_AR2023-Part_1.pdf
Sustainability Committee
Sustainability Oversight by ARMC 🟢
- 4 meetings annually 🟢
Reporting
SASB, UNSDG, Integrated Report 🟢
GHG Accounting
THETA EDGE BERHAD's 2023 sustainability report lacks detailed GHG accounting data. There is no information on Scope 1, 2, or 3 emissions, base year, boundary, or inventory. Additionally, critical elements such as GWP basis, data collection methods, and third-party verification are absent. While the report highlights a commitment to a low-carbon economy, it falls short of providing quantifiable metrics or evidence of emissions tracking. A significant improvement would be to establish a comprehensive GHG inventory, adopt recognized standards like the GHG Protocol, and pursue third-party verification to enhance credibility and transparency in future reports.
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. |
| 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 ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No data available ⚠️
- No data available ⚠️
- Sustainable tech focus 🌱
- No data available ⚠️
Social Highlights
- Community & employee focus 🥗
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
- Limited data available ⚠️ (Insufficient quantifiable social initiatives reported.)
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Room for Improvement in THETA EDGE BERHAD's 2023 sustainability report ⚠️. While the report demonstrates a commitment to sustainability through governance oversight by the Audit and Risk Management Committee (ARMC) and alignment with frameworks like SASB and UNSDG 🟢, it lacks quantifiable actions and measurable outcomes. Statements such as 'driving sustainable technology' are promising but remain vague without specific metrics or evidence of impact. There are no forward-looking commitments, such as net-zero targets or emission reduction goals, which are critical for credibility. To enhance future reports, the company should focus on providing detailed GHG data, measurable social initiatives, and transparent governance disclosures. Incorporating third-party verification and specific targets would significantly improve the report's depth and accountability. Overall, this report provides a foundation but needs more substance to meet best practices.
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