ICONIC WORLDWIDE BERHAD
Malaysia | 9113.KL | Main
Reference
Report Year: 2024
Source Files:
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
The sustainability report of ICONIC WORLDWIDE BERHAD for 2024 lacks detailed information on GHG accounting. No data is provided for Scope 1, Scope 2, or Scope 3 emissions, and critical elements such as base year, boundary, GWP basis, and verification status are missing. This absence of quantifiable metrics hinders a comprehensive assessment of the company’s carbon footprint. A significant improvement would be to establish a robust data collection framework and report absolute emission figures. Additionally, adopting recognized standards like the GHG Protocol and seeking third-party verification could enhance credibility. The report should also address whether biogenic emissions are relevant, though currently, there is no mention of biomass or biofuel usage.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data provided in the report. |
| Scope2 | Not reported ⚠️ | No data provided in the report. |
| Scope3 | Not reported ⚠️ | No data 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 ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Social Highlights
- Limited data available ⚠️
- 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 ICONIC WORLDWIDE BERHAD’s 2024 Sustainability Report. While the report outlines a general commitment to sustainability and covers areas like stakeholder engagement and materiality assessment, it lacks quantifiable actions and measurable outcomes ⚠️. There are no specific metrics on emissions, waste reduction, or social impact initiatives, which limits the ability to assess real progress. Additionally, the absence of forward-looking commitments or targets, such as net-zero goals, reduces the report’s strategic value. The integrated nature of the report is a positive step 🟢, but it could benefit from adopting recognized frameworks like GRI or TCFD for structure and comparability. To enhance future reports, the company should focus on providing verifiable data, setting clear targets, and ensuring third-party validation of key metrics. A more detailed approach to social and governance disclosures would also strengthen credibility.
Tags:
Looking for ESG Strategy & Improvement?
Disclaimer:
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.
Need Expert help?
Contact us TODAY for sustainability strategy, reporting, and outsourcing services.