INDUSTRONICS BERHAD
Malaysia | 9393.KL | Main
Reference
Report Year: 2023
Source Files: Itronic-Annual_Report_2023.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Guide, Integrated Report 🟢
GHG Accounting
Industronics Berhad's 2023 Sustainability Report lacks detailed information on GHG accounting. There is no data provided for Scope 1, Scope 2, or Scope 3 emissions, nor any mention of a base year, boundary, or inventory. Additionally, critical elements such as GWP basis, standards, data collection approaches, and third-party verification are absent. This represents a significant gap in transparency and accountability regarding the company's carbon footprint. To improve, the company should prioritize establishing a comprehensive GHG inventory, adopting recognized standards like the GHG Protocol, and seeking third-party verification to enhance credibility. Including measurable targets and progress updates would further strengthen their environmental reporting.
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 ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- 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 Sustainability Reporting ⚠️. Industronics Berhad's 2023 Sustainability Report provides a basic overview of their commitment to Economic, Environmental, Social, and Governance (EESG) aspects, guided by the Bursa Malaysia Sustainability Reporting Guide 🟢. However, the report lacks depth in quantifiable actions and measurable outcomes. There are no specific metrics or data points on emissions, social initiatives, or environmental impacts, which limits the report's transparency. Forward-looking commitments or targets, such as net-zero goals, are also absent. While the integration of sustainability into business strategy is noted, generic statements like 'committed to sustainability' are not supported by evidence. To enhance future reports, the company should include quantifiable data, adopt globally recognized frameworks like GRI, and provide detailed progress on sustainability goals. Third-party verification would further improve credibility.
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