- Increasing energy and water consumption due to the increase in the number of outlets.
- Increased packaging usage due to outlet expansion.
- Managing climate-related risks such as market risk, credit risk, liquidity risk, business risk, and reputational risk.
ValueMax Group Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, ValueMax Group Limited disclosed greenhouse gas emissions of 573.8 tCO2e (FY2022). By scope: Scope 1: 3.3K kg CO2 (FY2023); Scope 3: 2.4K kg CO2 (FY2023). 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
573.8 tCO2e (FY2022)
2023
Water Usage
4.1K m3
2023
Waste
1.6K kg beverage bottles 8056kg pawn tickets 1192.55kg carrier bags (FY2023)
2023
Energy Use
1.3M kWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3.3K kg CO2 (FY2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.4K kg CO2 (FY2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 573.8 tCO2e (FY2022) |
| 2022 | 573.8 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Headquarters earned Eco-shop compliant mark from the Singapore Environmental Council.
- Reduced road freight’s carbon emission by 30% since 2018.
- Reduced energy consumption through improving energy efficiency of air conditioning, lighting systems, and installing energy-efficient appliances.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce the usage of pawn tickets by 40%, carrier bags by 5%, and beverage bottles by 5%.
📅 Medium-term
- Roll out eco-shop standard to all shops.
- Raise environmental awareness among tenants, shoppers, and residents.
- Reduce carbon footprint from travel by using new modes of communication.
🔭 Long-term
- Achieve GHG neutrality in operations.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance