PLS PLANTATIONS BERHAD
Malaysia | 9695.KL | Main
Reference
Report Year: 2024
Source Files: PLS - Annual Report 2024.pdf
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Departmental collaboration 🟢
- Stakeholder engagement 🟢
Reporting
GRI, TCFD, Integrated Report 🟢
GHG Accounting
PLS Plantations Berhad has initiated GHG emissions calculations for 2024, reporting Scope 1 emissions at 42.01 tCO₂e and Scope 2 at 1,688.33 tCO₂e, demonstrating a commitment to tracking emissions. However, Scope 3 emissions are not reported, limiting the completeness of the inventory. The absence of details on base year, GWP basis, standards, and third-party verification indicates a need for enhanced transparency. A strength lies in the focus on plantation operations within Malaysia, ensuring a defined boundary. To improve, the company should include Scope 3 data, adopt recognized standards like GHG Protocol, and pursue third-party verification to validate data accuracy.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | 42.01 tCO₂e 🟢 | |
| Scope2 | 1,688.33 tCO₂e 🟢 | |
| Scope3 | Not reported ⚠️ | Scope 3 data missing ⚠️ |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified
- Boundary inventory: Covers plantation operations in Malaysia
- Gwp basis: Not specified
- Standard: Not specified
- Data collection approach: Not specified
- Third party verification: Not specified
- Carbon intensity: Not reported ⚠️
Efforts
- Solar power adoption 🌞
- 21.58 MT recycled 🟢
- Solar panels installed 🌞
- Biological waste as fertilizer 🌱
Social Highlights
- 156 employees trained 🟢
- MYR 38,500 community investment 🥗
- 10 beneficiaries 🥗
- 4,658 training hours 🟢
- 0 human rights complaints 🟢
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable transparency in PLS Plantations Berhad's 2024 sustainability report, with detailed metrics on Scope 1 and 2 emissions, waste management, and water usage 🟢. The inclusion of quantifiable actions, such as 21.58 metric tonnes of waste recycled and 156 employees trained on safety, adds credibility. Forward-looking commitments like achieving 15 GJ of solar energy by 2026 show intent for sustainable growth 🟢. However, gaps remain in GHG accounting, with Scope 3 emissions unreported and a lack of third-party verification ⚠️. Generic statements on environmental stewardship could be supported by more measurable outcomes. To strengthen future reports, incorporating Scope 3 data, pursuing external assurance, and detailing governance disclosures like executive salaries would enhance trust and accountability. Overall, a solid foundation with room for deeper specificity.
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