Sustainability Report

Overview

The report describes VELESTO's FY2021 sustainability performance across its drilling-services group, covering 624 employees and highlighting 15% lower energy consumption and emissions. It reports RM378 mil in revenue, 53,189 tonnes CO2e of gross Scope 1 emissions and zero fatalities, while noting one major spill. The company set 2030 emissions-intensity goals of 10% for operating days and 30% for revenue, alongside GRI, SASB, UNGC and Board ESG oversight disclosures.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2021
Period: 1 January 2021 – 31 December 2021
Publication date: 22 April 2022
Language: English
Pages
File size

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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Scope
Statement included
Metrics assured

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Overview