ViTrox Corporation Berhad

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, ViTrox Corporation Berhad disclosed greenhouse gas emissions of 5.0K tCO2e/year (Scope 1 2 and 3 - Employee Commuting). By scope: Scope 1: 22.8 tCO2e/year; Scope 2: 3.7K tCO2e/year; Scope 3: 1.3K tCO2e/year (Employee Commuting). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
5.0K tCO2e/year (Scope 1 2 and 3 - Employee Commuting)
2023
⚡
Renewable Energy
22% of total energy use
of total energy
💧
Water Usage
50.5 m3/year
2023
♻️
Waste
208.6 tons/year
2023
⚙️
Energy Use
7.5K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).22.8 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.3.7K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.3K tCO2e/year (Employee Commuting)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 3.0% for cooling infrastructure and domestic usage by 2024.
  • Achieve 80% employee engagement rate by 2024.
  • Reduce employee turnover rate to below 9.0% by 2024.
  • Achieve 10% year-on-year increase in the use of self-made honeycomb paper wrappers by 2024.
  • Achieve energy savings rate of 2% of previous year’s purchased electricity by 2024.

📅 Medium-term

  • Reduce water consumption by 20.0% for cooling infrastructure and domestic usage by 2030.
  • Achieve 85% employee engagement rate by 2030.
  • Reduce employee turnover rate to below 8.0% by 2030.
  • Achieve 100% RoHS-compliant materials in all product ranges (excluding AXI machines) by 2030.
  • Achieve 80.0% employees’ participation rate in V-Meal by 2030.

🔭 Long-term

  • Net-zero carbon emissions by 2030 (Scope 2).

🌱 ESG Focus Areas

Climate Change and Energy ManagementEnvironmental Conservation and PreservationSupply Chain ManagementTalent Attraction and RetentionTalent DevelopmentWorkplace Health and SafetyEmployee Well-beingHuman RightsDiversity and InclusionInnovation and Product ExcellenceCommunity EngagementCorporate Governance and Ethical PracticesEconomic Performance

⚠️ Challenges & Risks +

  • Global economic slowdown and excess inventory in the semiconductor sector.
  • Challenges in achieving certain sustainability targets (e.g., Scope 2 emissions reduction, employee turnover).
  • Customer hesitancy in placing orders for new products.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, FTSE Russell ESG Ratings, S&P Global ESG Ratings, TCFD Recommendations, UN SDGs, MCCG