VERSATILE CREATIVE BERHAD
Malaysia | 4995.KL | Main
Reference
Report Year: 2024
Source Files: VCB_AR2024-_Part_1.pdf, VCB_AR2024-_Part_2.pdf
Sustainability Committee
No sustainability committee formed ⚠️
Reporting
Bursa Malaysia Guidelines, Integrated Report 🟢
GHG Accounting
VERSATILE CREATIVE BERHAD's sustainability report for 2024 lacks comprehensive GHG accounting. No Scope 1, 2, or 3 emissions data is provided, despite reporting energy consumption figures (e.g., total energy consumed in KWH). The absence of a base year, boundary details, and emission standards (like GHG Protocol) limits transparency. Energy efficiency targets per revenue are a positive step, but without emissions data, their environmental impact is unclear. The report also lacks third-party verification, which could enhance credibility. To improve, the company should prioritize detailed GHG inventory reporting, adopt recognized standards, and consider external verification for data reliability.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided, though energy consumption is reported. |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not mentioned ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- No specific efforts ⚠️
- No data ⚠️
- No data ⚠️
- Switch off appliances during breaks 🌱
Social Highlights
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
- Limited data available ⚠️ (No specific social initiatives with measurable impact reported.)
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Room for improvement in VERSATILE CREATIVE BERHAD's 2024 sustainability report ⚠️. The report provides a basic overview of sustainability governance and energy consumption data, which is a starting point 🟢. However, it lacks quantifiable actions and measurable outcomes for emissions, waste, or social impact. Generic statements like 'committed to sustainable development' are present but unsupported by specific metrics or evidence. There are no forward-looking commitments, such as net-zero targets or future sustainability goals. To enhance credibility, the company should include detailed GHG emissions data, adopt international reporting frameworks like GRI or TCFD, and provide third-party verification. Additionally, reporting on social initiatives with clear impact numbers and governance disclosures (e.g., executive salaries) would strengthen stakeholder trust. Overall, the report is a foundation but needs significant depth and specificity.
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