- Maintaining a strong safety record despite increasing operational activity.
- Managing environmental impacts from increased rig utilization.
- Addressing a reportable integrity incident.
Velesto Energy Berhad
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Velesto Energy Berhad disclosed greenhouse gas emissions of 63.9K tCO2e/year. By scope: Scope 1: 63.5K tCO2e/year; Scope 2: 477 tCO2e/year; Scope 3: 67 tCO2e/year. 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
63.9K tCO2e/year
2023
Water Usage
101.3K liters/year
2023
Waste
223.72 tons/year
2023
Energy Use
834.8K GJ/year
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). | 63.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 477 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 67 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 28% reduction in emissions intensity by operating days
- 62% reduction in emissions intensity by revenue
- Zero major spills
- 2.2% reduction in water consumption intensity by operating days
🎯 Climate & Sustainability Targets
📅 Medium-term
- 10% reduction in emissions intensity per operating day by 2030
- 30% reduction in emissions intensity in terms of revenue by 2030
🔭 Long-term
- Net Zero Emissions by 2050
🌱 ESG Focus Areas
EnvironmentSocialGovernance