IDEAL CAPITAL BERHAD
Malaysia | 9687.KL | Main
Reference
Report Year: 2023
Source Files: Ideal_AR2023.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No Specific Framework Mentioned ⚠️
GHG Accounting
IDEAL CAPITAL BERHAD's 2023 sustainability report lacks detailed information on GHG accounting. There is no data on Scope 1, 2, or 3 emissions, base year, boundary, or inventory. Additionally, the report does not mention any standards like GHG Protocol or ISO 14064, nor does it indicate third-party verification. The absence of carbon intensity metrics further limits the assessment of their environmental impact. A key improvement would be to establish a comprehensive GHG inventory with clear boundaries and adopt recognized standards for reporting. Incorporating third-party verification would enhance credibility. Overall, the report needs significant enhancement in environmental data disclosure to align with best practices.
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 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
- 100% management trained 🟢
- 90% executives trained 🟢
- 80% non-executives trained 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for Improvement in IDEAL CAPITAL BERHAD's 2023 sustainability report. While the report highlights a commitment to sustainability through governance policies like the Anti-Bribery and Anti-Corruption Policy, it lacks quantifiable actions and measurable outcomes in key areas such as GHG emissions and environmental impact 🟢. The social initiatives, particularly anti-corruption training coverage, are a positive step with clear metrics. However, the absence of specific frameworks (e.g., GRI, TCFD) and forward-looking commitments like net-zero targets is a notable gap ⚠️. Much of the content remains generic, with statements like 'committed to sustainability' lacking supporting evidence. To improve, the company should incorporate third-party verification, adopt recognized reporting standards, and provide detailed environmental data. This would enhance transparency and credibility for stakeholders.
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