Velesto Energy Bhd 2021 SR
The report highlights Velesto Energy Berhad's sustainability progress during the 2021 fiscal year, focusing on decarbonization and labor rights. Key achievements include a 15% reduction in energy consumption and emissions, and the establishment of a 2030 emissions intensity reduction goal. The company maintained a strong safety record with zero fatalities, despite the NAGA 7 rig incident, and achieved 738,137 manhours without a Lost Time Incident. Socially, women comprise 40% of senior management and 33% of the Board. The report also details the group's alignment with the UN Global Compact and its commitment to local procurement, spending RM190 million with local suppliers.
Company: Velesto Energy Bhd
Sector: Energy
Country: Malaysia
Year: 2021
Type: SR
Pages: 64
Velesto Energy Bhd
Sustainability Report
The report highlights Velesto Energy Berhad's sustainability progress during the 2021 fiscal year, focusing on decarbonization and labor rights. Key achievements include a 15% reduction in energy consumption and emissions, and the establishment of a 2030 emissions intensity reduction goal. The company maintained a strong safety record with zero fatalities, despite the NAGA 7 rig incident, and achieved 738,137 manhours without a Lost Time Incident. Socially, women comprise 40% of senior management and 33% of the Board. The report also details the group's alignment with the UN Global Compact and its commitment to local procurement, spending RM190 million with local suppliers.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Apr 22, 2022
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:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees