Velesto Energy Bhd 2023 SR
The report highlights Velesto Energy Berhad's sustainability progress in 2023, achieving a 28% reduction in emissions intensity per operating day and a 62% reduction per revenue. The company committed to a Net Zero Emissions target by 2050 and enhanced its alignment with TCFD recommendations. Key achievements include maintaining zero fatalities and zero lost time injuries across 2.5 million man-hours. The Group also expanded its coral restoration efforts at Perhentian Island and supported educational initiatives in Sarawak. Furthermore, Velesto improved its ESG ratings, reaching the top 25% of public-listed companies in Malaysia with a 4-star rating from Bursa Malaysia.
Company: Velesto Energy Bhd
Sector: Energy
Country: Malaysia
Year: 2023
Type: SR
Pages: 92
Velesto Energy Bhd
Sustainability Report
The report highlights Velesto Energy Berhad's sustainability progress in 2023, achieving a 28% reduction in emissions intensity per operating day and a 62% reduction per revenue. The company committed to a Net Zero Emissions target by 2050 and enhanced its alignment with TCFD recommendations. Key achievements include maintaining zero fatalities and zero lost time injuries across 2.5 million man-hours. The Group also expanded its coral restoration efforts at Perhentian Island and supported educational initiatives in Sarawak. Furthermore, Velesto improved its ESG ratings, reaching the top 25% of public-listed companies in Malaysia with a 4-star rating from Bursa Malaysia.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 15, 2024
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
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees