KUMPULAN JETSON BERHAD
Malaysia | 9083.KL | Main
Reference
Report Year: 2024
Source Files: Kumpulan_Jetson_Berhad_-_Annual_Report_2024_(Part_1).md
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Oversight of strategy 🟢
- Operational integration 🟢
- Policy monitoring 🟢
Reporting
IFRS S1, IFRS S2, TCFD, Integrated Report 🟢
GHG Accounting
Kumpulan Jetson Berhad demonstrates a commitment to tracking energy consumption, with total usage reported at 37,993.3 GJ and 10,553.7 MWh in 2024, reflecting an increase due to expanded operations. The company categorizes emissions by Scope 1, 2, and 3 but lacks specific quantification for each scope, which limits transparency. Strengths include transparent energy usage reporting and acknowledgment of climate change impacts. However, key gaps exist in detailing base year, GWP basis, and accounting standards. The absence of third-party verification further undermines credibility. Improvements are needed in quantifying emissions per scope, adopting a recognized standard like GHG Protocol, and engaging external auditors for validation to enhance reporting robustness.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not quantified ⚠️ | Specific Scope 1 data not provided in the report. |
| Scope2 | Tracked 🟢 | Specific emissions data for Scope 2 not quantified. |
| Scope3 | Tracked 🟢 | Specific emissions data for Scope 3 not quantified. |
Other Details
- Base year: Not specified
- Boundary inventory: Operational activities including direct fuel combustion and purchased electricity
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Energy tracking 🟢
- Third party verification: Not verified ⚠️
- Carbon intensity: Not available ⚠️
Efforts
- Climate strategies under review 🟢
- Waste management initiatives 🟢
- Energy efficiency focus 🌞
- Circular practices adopted 🌱
Social Highlights
- 79.08% local supplier spending 🟢
- Zero privacy breaches 🟢
- Limited data available ⚠️
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can’t find ⚠️
Report Quality
Commendable Foundation 🟢 in sustainability reporting by Kumpulan Jetson Berhad, with a clear focus on integrating ESG considerations into business strategy as seen in their energy consumption tracking (37,993.3 GJ in 2024) and local supplier spending (79.08%). The adoption of frameworks like IFRS S1, IFRS S2, and TCFD demonstrates alignment with global standards. However, the report lacks quantifiable outcomes ⚠️ for GHG emissions per scope, with no specific data provided despite categorization. Forward-looking commitments are vague, with generic statements like 'exploring strategies' lacking measurable targets. To enhance credibility, the company should incorporate third-party verification, quantify emissions data, and set specific, time-bound goals (e.g., net-zero targets). Overall, the report provides a solid base but could benefit from deeper specificity and evidence-based outcomes to strengthen stakeholder trust.
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