LEADER STEEL HOLDINGS BERHAD
Malaysia | 9881.KL | Main
Reference
Report Year: 2023
Source Files: LEAS02-Annual_Report_2023.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Sustainability Reporting Guide, Integrated Report 🟢
GHG Accounting
The sustainability report of Leader Steel Holdings Berhad for 2023 lacks detailed information on GHG accounting. There is no reporting on Scope 1, Scope 2, or Scope 3 emissions, and critical elements such as base year, boundary, GWP basis, and verification status are absent. This indicates a significant gap in environmental performance disclosure. The report could be strengthened by adopting recognized standards like the GHG Protocol, establishing a baseline for emissions, and seeking third-party verification to enhance credibility. Without measurable data, assessing the company's environmental impact or progress toward sustainability goals is challenging. Incorporating these elements would provide stakeholders with a clearer picture of the company's commitment to reducing its carbon footprint.
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
- 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 ⚠️. The 2023 Sustainability Statement of Leader Steel Holdings Berhad provides a basic overview of their commitment to sustainability, aligned with the Bursa Malaysia Sustainability Reporting Guide. However, the report lacks quantifiable actions and measurable outcomes, relying heavily on generic statements such as 'commitment to sustainable development' without supporting data or specific metrics. There is no mention of forward-looking commitments like net-zero targets or detailed plans for environmental or social impact. While the governance structure is outlined, the absence of a dedicated sustainability committee and detailed performance indicators limits transparency. The company could benefit from incorporating specific, verifiable data on emissions, social initiatives, and governance practices, as well as third-party verification to build credibility. This would provide stakeholders with a clearer understanding of their sustainability journey 🟢.
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