VSOLAR GROUP BERHAD
Malaysia | 0066.KL | ACE
Reference
Report Year: 2024
Source Files: Vsolar_Group_Berhad_-_Annual_Report_2024.md
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Integrated Report, No specific framework mentioned ⚠️
GHG Accounting
Vsolar Group Berhad's 2024 sustainability report lacks detailed GHG accounting data, with no specific figures for Scope 1, 2, or 3 emissions, base year, or carbon intensity metrics. While the company expresses commitment to reducing its carbon footprint through renewable energy projects, there is no evidence of a structured GHG inventory or adherence to international standards like the GHG Protocol. The absence of third-party verification further limits credibility. Improvement is needed in establishing a clear emissions baseline, defining operational boundaries, and adopting recognized frameworks for transparency. Incorporating these elements would strengthen Vsolar's environmental accountability and align with Malaysia's carbon-neutral objectives.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | Scope 1 emissions data not provided. |
| Scope2 | Not reported ⚠️ | Scope 2 emissions data not provided. |
| Scope3 | Not reported ⚠️ | Scope 3 emissions data not provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not reported ⚠️
- Boundary inventory: Not reported ⚠️
- Gwp basis: Not reported ⚠️
- Standard: Not reported ⚠️
- Data collection approach: Not reported ⚠️
- Third party verification: Not reported ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- 0.996 MW solar plant 🟢
- 100 MWac solar project 🌞
- 50 MWac solar facility 🌞
- LED lighting adoption 🌱
- Waste repurposing initiatives 🟢
Social Highlights
- 60 hours of training 🟢
- RM900 community contribution 🥗
- 0% turnover rate 🟢
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable focus on renewable energy by Vsolar Group Berhad in their 2024 integrated sustainability report 🟢. The report highlights significant projects like the 100 MWac and 50 MWac solar PV plants, demonstrating a clear commitment to reducing carbon emissions through core business activities. However, the lack of quantifiable GHG data and specific metrics for emission reductions or energy savings limits the report's depth ⚠️. Generic statements about sustainability commitment are abundant, but measurable outcomes or third-party verification are absent. Forward-looking commitments, such as completion timelines for solar projects, are noted, yet broader targets (e.g., net-zero goals) are missing. To improve, Vsolar should incorporate detailed GHG inventories, adopt international reporting frameworks like GRI, and provide verified data to enhance credibility. This would elevate the report from a foundational narrative to a robust accountability tool.
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