Velesto Energy Bhd 2019 SR
The report highlights Velesto Group's sustainability progress in 2019, focusing on health, safety, and environmental preservation. The company achieved its first profit in four years while reducing greenhouse gas emissions intensity by 8% despite higher rig utilization. Key achievements include maintaining zero fatalities for the third consecutive year and increasing local procurement spend to RM186 million. The report also details the establishment of an Integrity Governance Unit to strengthen corporate governance and anti-corruption efforts.
Company: Velesto Energy Bhd
Sector: Energy
Country: Malaysia
Year: 2019
Type: SR
Pages: 39
Velesto Energy Bhd
Sustainability Report
The report highlights Velesto Group's sustainability progress in 2019, focusing on health, safety, and environmental preservation. The company achieved its first profit in four years while reducing greenhouse gas emissions intensity by 8% despite higher rig utilization. Key achievements include maintaining zero fatalities for the third consecutive year and increasing local procurement spend to RM186 million. The report also details the establishment of an Integrity Governance Unit to strengthen corporate governance and anti-corruption efforts.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
May 12, 2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women in Management
Workplace Fatalities
Employees